Refer to Table 2-9. If the two countries specialize and trade, who should export rice?

A) They should both be exporting rice.
B) There is no basis for trade between the two countries.
C) Thailand
D) Japan

D

Economics

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Suppose you purchase a call option to buy IBM common stock at $35 per share in September. The current price of IBM is 37 and the option premium is 4

What is the intrinsic value of the option? As the expiration date on the option approaches, what will happen to the size of the option premium?

Economics

Changes in business activity are

A) referred to as business fluctuations. B) referred to as the ebb and flow of business. C) always undesirable. D) caused by the changing seasons every year.

Economics