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.
Estimated terrestrial net primary productivity across Canada.
South African zoologist Kevin Richardson with captive spotted hyenas
Population Losses in the South, 1920–1930
Re-creation of Pheidias’s Huge Gold and Ivory Figure of Athena
Understanding Youth Justice In Canada