Azerbaijan imported wheat from Romania in exchange for crude oil and Vietnam exchanged rice for Philippine fertilizer and coconuts. Both scenarios are examples of which of the following?

A) convertible trade
B) tariffs
C) quotas
D) protectionism
E) countertrade

E

Business

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Which of the following statements about life insurance is NOT correct?

A) Life insurance is not a personal contract between the insurer and insured. B) A policyowner must notify the beneficiary before transferring ownership. C) A policyowner must notify the insurer in writing to transfer a policy. D) If a policy is transferred, the new owner receives all of the rights of policy ownership."

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It costs $10 to make a single unit using regular production and $15 to make a single unit using overtime production. Finished units sell for $17 and are built to order

The manufacturing plant has a regular production capacity of 250 units per month and no inventory at the start of the planning period. What is the BEST net cash flow for the entire planning period if the manufacturer uses a chase plan? Month Forecast January 250 February 200 March 300 April 400 A) $6,800 B) $7,050 C) $7,300 D) $7,550

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