________ take ownership of the merchandise when it enters their country and accept all the risks associated with generating local sales

A) Agents
B) Distributors
C) Sales representatives
D) Freight forwarders

B

Business

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Which of the following assumptions of an ideal (or perfect) capital market most closely relates to the assumed symmetry of information set shared by all firms and all investors?

a. Capital Markets are frictionless b. Homogeneous expectations c. Atomistic competition d. The firm has a fixed investment program e. Once chosen, the firm's financing is fixed

Business

Which of the following types of packet-switched services has become virtually obsolete?

A) X.25 B) FR C) ATM D) MPLS

Business