Author Question: The United States trades a shipment of wheat to Saudi Arabia in exchange for a shipment of oil. This ... (Read 89 times)

sc00by25 · **on:** Jul 14, 2018

The United States trades a shipment of wheat to Saudi Arabia in exchange for a shipment of oil. This type of arrangement is called:
A) a mercature.
B) barter.
C) a monetary exchange.
D) an interchange.
E) interstate commerce.

Question 2

A production setup that is characterized by low initial costs and high operating costs is:
A) a quality circle.
B) capital intensive..
C) automated.
D) labor intensive.
E) a process layout.