If There Is International Trade and Finance,output Per Worker Will

question 5

Multiple Choice

If there is international trade and finance,output per worker will converge in rich and poor countries.Will consumption per worker converge?

• A)Yes,with the same output,consumption must be the same.
• B)Yes,in equilibrium,consumption per worker must be the same around the world.
• C)No,because total output is different.
• D)No,because part of the output must be used to repay foreign investors.

Grasp the physiological and psychological stages of stress response according to the general adaptation syndrome.

Understand the characteristics and valuation of different types of options (American, European) and their exercise rights.

Learn about the intrinsic value and how it's calculated for different financial instruments.

Differentiate between various financial products such as options, warrants, and convertible bonds.

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Definitions:

Financial Status

An individual's or entity's current economic standing, often assessed through factors like income, debts, assets, and credit.

Bona Fide Occupational Qualifications

Employment qualifications deemed necessary to the normal operation of a particular business or job, where discrimination based on certain characteristics like gender or religion may be allowed.

EEOC

Equal Employment Opportunity Commission, a federal agency enforcing laws against workplace discrimination.

Discrimination

Unfair or prejudicial treatment of individuals based on characteristics such as race, gender, age, or sexual orientation.