The ________ model answers one basic question: How soon will I recover my initial investment?

A) payback period
B) IRR
C) NPV
D) profitability index

Answer: A

Business

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A certain amount of friction is involved when resources are required to move from one economic activity to another

Indicate whether the statement is true or false.

Business

Parson's Pet Products, an Australian firm, ships many products to Canada. In order to take advantage of low trade barriers in the U.S., Parson's Pet Products ships its items first to the U.S. and then reexports the goods to Canada

Parson's Pet Products is most likely using ________. A) trade circumvention B) origination manipulation C) trade deflection D) external circumvention

Business