« previous next »

Author Question: If the price of an ounce of gold is 200 ZARs in South Africa and 75 in Canada, what will be the ... (Read 57 times)

ishan

  • Hero Member
  • *****
  • Posts: 546
on: Jun 30, 2018
If the price of an ounce of gold is 200 ZARs in South Africa and 75 in Canada, what will be the South African Rand (ZAR) per Canadian dollar (C) exchange rate?
 a. C1 = 4.25 ZAR
  b. C1 = 1.75 ZAR
  c. C1 = 2 ZAR
  d. C1 = 2.67 ZAR
  e. C1 = 4 ZAR

Question 2

Which of the following is false with reference to subsidies?
 a. They reduce the cost of production.
 b. They transfer the income from tax payers to the exporters.
 c. They mean the nation is exporting products in which it does not have comparative advantage.
  d. They can lead to inefficiencies.


verrinzo

  • Sr. Member
  • ****
  • Posts: 346
Reply #1 on: Jun 30, 2018
Answer to Question 1

d

Answer to Question 2

a


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Amphetamine poisoning can cause intravascular coagulation, circulatory collapse, rhabdomyolysis, ischemic colitis, acute psychosis, hyperthermia, respiratory distress syndrome, and pericarditis.

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

Throughout history, plants containing cardiac steroids have been used as heart drugs and as poisons (e.g., in arrows used in combat), emetics, and diuretics.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

Normal urine is sterile. It contains fluids, salts, and waste products. It is free of bacteria, viruses, and fungi.

Invasive species in Canada include (a) zebra mussels, Dreissena polymorpha, (b) sea lamprey, Petromy Invasive species in Canada include (a) zebra mussels, Dreissena polymorpha, (b) sea lamprey, Petromy
Triton’s South Polar Cap Triton’s South Polar Cap
Anatomically modern humans from the Israeli cave sites of Skhul and Qafzeh may be the earliest found Anatomically modern humans from the Israeli cave sites of Skhul and Qafzeh may be the earliest found
Alan Price - Poor People Alan Price - Poor People
The Colonial Conquest of Africa "الغزو الاستعماري لأفريقيا" The Colonial Conquest of Africa "الغزو الاستعماري لأفريقيا"
In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to ... In order to encourage Canadians to avoid cross border shopping, Walmart Canada is striving to ...
Video: Sigmoidoscopy

For a complete list of videos, visit our video library