Refer to the Information Provided in Table 20 -Refer to Table 20

question 114

Multiple Choice

Refer to the information provided in Table 20.2 below to answer the question(s) that follow.
Table 20.2 $$\begin{array} { c c c c } \hline & \text { China } &\quad\quad\quad\quad\quad\quad { \text { Thailand } } \\\text { Tractors } & \text { Motorcycles } & \text { Tractors } & \text { Motorcycles } \\\hline 0 & 300 & 0 & 300 \\5 & 250 & 5 & 225 \\10 & 200 & 10 & 150 \\15 & 150 & 15 & 75 \\20 & 100 & 20 & 0 \\25 & 50 & - & - \\30 & 0 & - & - \\\hline\end{array}$$
-Refer to Table 20.2. Which terms of trade benefits both countries?

• A) 1 tractor for 10 motorcycles
• B) 1 tractor for 12.5 motorcycles
• C) 1 motorcycle for 10 tractors
• D) 1 motorcycle for 1/5 of a tractor

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Definitions:

Brokerage Commission

The charge imposed by a broker for conducting trades or offering specific services.

Interest Revenue

Income earned from lending funds or depositing funds in interest-bearing accounts, often reported as part of non-operating income.

Accrued Interest

Interest that has been earned but not yet received or recorded.

Bond Interest Rate

The fixed or variable rate at which interest is paid by bond issuers to bondholders, typically expressed as an annual percentage.