Differences Between Goods and Services Include

question 49

Multiple Choice

Differences between goods and services include:

• A)intangibility.
• B)variability.
• C)profitability.
• D)All of the answer choices.
• E)Both intangibility and variability.

---

Definitions:

Export Development Canada

A Canadian government agency that provides financing, insurance, and other support to Canadian exporters and investors.

Federal Crown

A term referring to the sovereign power of the government in a monarchy, especially in context to its authority and jurisdiction.

Foreign Exchange Market

A global decentralized or over-the-counter market for trading currencies, where participants can buy, sell, exchange, and speculate on currencies.

Interest Rate Parity

A theory which posits that the disparity in interest rates across two nations is identical to the discrepancy between the forward exchange rate and the current spot exchange rate.