MrsSingh Owes Mr

question 114

Multiple Choice

Mrs.Singh owes Mr.Valdy $55 513.78 in 14-months.Mr.Valdy agrees to let her repay the loan with a payment of $35 000 in 6-months,$10 000 in 10-months and $X in 14-months.If money is worth j₄ = 6%,what is the value of X,using 14-months as the focal date along with the exact method of crediting/charging interest?

• A)$8894.58
• B)$8895.72
• C)$8896.37
• D)$8897.69

Distinguish between absolute and comparative advantage in the context of global trade.

Recognize the role of government policies and interventions in international trade.

Explain the concept of opportunity cost in the production and trade of goods.

Assess the short-term and long-term effects of international trade on industries, workers, and consumers.

---

Definitions:

Social Structure

The organized pattern of social relationships and social institutions that together compose society.

Sociological Studies

Academic research or analysis that focuses on social behaviors, institutions, structures, and functions within human society.

Influences

The capacity to have an effect on the character, development, or behavior of someone or something, or the effect itself.

Mass Communication

is the process of creating, sending, receiving, and analyzing messages to a large audience through various mediums.