What Are the Four Fundamental Characteristics That Determine the Value

question 115

Essay

What are the four fundamental characteristics that determine the value of a financial instrument?

---

Definitions:

GATT

The General Agreement on Tariffs and Trade, an international treaty designed to promote international trade by reducing or eliminating trade barriers such as tariffs.

North American

Pertaining to or relating to the continent that comprises Canada, the United States, Mexico, and the countries of Central America.

Trade Agreement

A contract between nations regarding their trade relationships, including terms on tariffs, trade restrictions, and other aspects of international trade.

Tariffs

Taxes imposed by a government on imported goods, often used to protect domestic industries or retaliate in trade disputes.