As the text notes, unrestricted trade is impossible if there is a lack of _____ between nations.

Fill in the blank(s) with the appropriate word(s).

Answer: trust

Business

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A licensee receives more than one offer to purchase a seller's property. The licensee should:

A. Present only the highest offer. B. Reject the lower priced offer. C. Present all offers to the seller. D. Present the first offer and hold the offer until the seller decides.

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Which of the following is a measure of profit maximization to shareholders?

A) the timing of returns B) earnings per share C) current assets D) market risk premium

Business