In a Trade with the Government of an Oil Producing

question 108

Multiple Choice

In a trade with the government of an oil producing nation, a manufacturer will deliver 13 Caterpillar D9 tractors, with a value of $320,000 per tractor, and receive 45,000 barrels of oil, valued at $120 per barrel. What is the net benefit of this trade to the manufacturer?

• A) $744,000
• B) $1,240,000
• C) $992,000
• D) $1,488,000

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