« previous next »

Author Question: How has the composition of trade flows changed from the early 20th century to today? Compared to the ... (Read 103 times)

kodithompson

  • Hero Member
  • *****
  • Posts: 566
on: Jun 30, 2018
How has the composition of trade flows changed from the early 20th century to today? Compared to the past, is anything about trade today new?
 
  What will be an ideal response?

Question 2

A forward exchange market contract obligates the owner to make a trade at a specified exchange rate a fixed number of days in the future.
 
  Indicate whether the statement is true or false


ju

  • Sr. Member
  • ****
  • Posts: 325
Reply #1 on: Jun 30, 2018
Answer to Question 1

Prior to World War I, most trade consisted of agricultural commodities and raw materials, while today trade is primarily manufactured consumer goods and capital goods. Given recent advances in telecommunications, services now can be outsourced and service industries face growing international competition.

Answer to Question 2

TRUE


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

The FDA recognizes 118 routes of administration.

Did you know?

Bisphosphonates were first developed in the nineteenth century. They were first investigated for use in disorders of bone metabolism in the 1960s. They are now used clinically for the treatment of osteoporosis, Paget's disease, bone metastasis, multiple myeloma, and other conditions that feature bone fragility.

Did you know?

Malaria was not eliminated in the United States until 1951. The term eliminated means that no new cases arise in a country for 3 years.

Did you know?

The top five reasons that children stay home from school are as follows: colds, stomach flu (gastroenteritis), ear infection (otitis media), pink eye (conjunctivitis), and sore throat.

Major reservoirs and flows of the hydrological cycle. Major reservoirs and flows of the hydrological cycle.
Play in Four Cultures Across cultures, play is the most common activity in early childhood. Source: Play in Four Cultures Across cultures, play is the most common activity in early childhood. Source:
Multigroove adjustable pliers are known by many names, including the trade name Channel Locks®. Multigroove adjustable pliers are known by many names, including the trade name Channel Locks®.
Early Pottery From The Franchthi Cave, Greece Early Pottery From The Franchthi Cave, Greece
Two early Homo skulls Two early Homo skulls
DNA and RNA compared DNA and RNA compared
Video: Component of feedback systems & Communication and regulation of body systems

For a complete list of videos, visit our video library