In a short essay, explain what the world would be like without international trade
What will be an ideal response?
Without international trade, most nations would be unable to feed, clothe, and house their citizens at current levels. Even resource-rich countries like the United States would suffer immensely without trade. Some types of food would become unavailable or obtainable only at very high prices. Coffee and sugar would become luxury items. Petroleum-based energy sources would dwindle. Vehicles would stop running, freight would go undelivered, and people would not be able to heat their homes in the wintertime. In short, not only do nations, companies and citizens benefit from international trade, modern life is virtually impossible without it.
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What is meant by a "Washington office"?
What will be an ideal response?
A lease where ownership of the asset transfers to the lessee at the end of the lease for a nominal cost is called a ________
A) fair market value cap lease B) fixed price lease C) $1.00-out lease D) fair market value lease