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Author Question: Comparative advantage theory holds that gains from trade are the result of capital movements from ... (Read 64 times)

jc611

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on: Jul 7, 2018
Comparative advantage theory holds that gains from trade are the result of capital movements from countries with low interest rates to countries with higher interest rates.
 
  Indicate whether the statement is true or false

Question 2

Gomez Enterprises, a firm based in Mexico City, exported 1,000 circuit boards to Taylor Industries, a firm based in Chicago. Taylor received a document from Gomez that requests immediate payment for the goods. Gomez has most likely sent a ________.
 
  A) time draft
  B) sight draft
  C) spot draft
  D) futures draft

Question 3

Under which type of legal system can contracts be broken at the whim of those in power?
 
  A) religious law
  B) common law
  C) bureaucratic law
  D) civil law
International Business ¦ Daniels, Radebaugh, Sullivan ¦ 16th Edition
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sultana.d

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Reply #1 on: Jul 7, 2018
Answer to Question 1

FALSE

Answer to Question 2

wohoo thank youuu.

Answer to Question 3

C


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