Most of the barriers to international trade have been eliminated through?
diversification
globalization
commercialization
privatization
Correct answer is B
Globalization is the process by which businesses or other organizations are able to move and exchange human resources, goods, and services, capital, technologies or cultural practices all over the planet. Globalization promotes and increases interactions between different regions and populations around the globe.
Balance of payments is made up of?
visible and current items
invisible and capital items
current and capital items
visible and invisible items
Correct answer is C
The balance of payments (BOP) is a statement of all transactions made between people in one country and the rest of the world over a defined period of time. It consists of current and capital items.
Current items consist of the inflow and outflow of goods and services between countries, including all the receipts and payments made with respect to raw materials and manufactured goods. While capital transactions include the purchase and sale of assets (non-financial) like land and properties.
A warehouse which is used to store goods whose customs duty is not yet paid is a?
wholesale warehouse
bonded warehouse
public warehouse
branded warehouse
Correct answer is B
A bonded warehouse is a customs-controlled warehouse for the retention of imported goods until the duty owed is paid.
conglomerate
chain stores
departmental store
suppermarket
Correct answer is B
Chain stores are a group of numerous stores usually retail stores, having the same ownership and selling the same lines of goods.
A source of capital that has elements of debt and equity is a?
debenture
warrant
loan
share
Correct answer is D
No explanation has been provided for this answer.