Fair trade can be defined as:
a. Trade between two countries of similar size
b. Trade between two countries of similar wealth
c. Farmers receiving a fair wage for their work
d. Farmers receiving a fair exchange for their goods
C
Business
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In a trade acceptance, the drawer is ordered to pay a specified sum of money to the drawee
Indicate whether the statement is true or false
Business
The ________ from the sale of a security are the funds actually received from the sale after ________
A) gross proceeds; adding the after-tax costs B) gross proceeds; reducing the flotation costs C) net proceeds; reducing the flotation costs D) net proceeds; adding the after-tax costs
Business