What is a trade credit?
a. A credit card purchase
b. A government loan for exporters
c. The extension of a period of time before which an importer must pay for goods and services purchased
d. An IMF loan to meet trade deficit and liabilities for hard currencies
e. The time it takes for franchisees to pay for the products they obtain from the main franchiser
Question 2
When one more car enters a crowded highway it increases the travel times of all other drivers on the highway creating a negative externality.
a. True
b. False
Indicate whether the statement is true or false
Memory card
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Louisiana Purchase
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