Which of the following encourages trade between regions?<...
Which of the following encourages trade between regions?
Differences in currencies of countries
Difference in national income of countries
Existence of trade associations
Differences in natural resources
Correct answer is D
One of the major reasons for trade is the difference in the natural resources of each country. No country is an island of its own, no matter how efficient its production factors may have been utilized.
There is always going to be something the region needs and may have to source for it from its neighbors.
To make a simple contract valid, the intention must be? ...
The fee for sending a telegram depends on the ...
A demonstration of social responsibility by a business is the payment of ...
Collecting information on the taste of consumers and the extent of demand for a product is ...
All human efforts geared towards the production of goods and services is? ...
The amalgamation of firms engaged in cotton processing and the manufacturing of textiles is ...
For which of the following reasons would a seller not issue a credit note to a customer? If ...
The payment made periodically in respect of an insurance policy entered into is known as? ...