Match the Following

question 140

Multiple Choice

Match the following.You may use a response once,more than once,or not at all.
-Characterized by clusters of countries that engage in high levels of trade with each other

• A)Market system
• B)Domestic business
• C)International business
• D)Market economy
• E)Multinational business
• F)Global economy

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Definitions:

Accrued Interest

Accrued interest refers to the interest that has accumulated on a bond or loan since the last interest payment was made.

360-Day Year

A financial concept that simplifies the calculation of interest over periods when the actual number of days in a year is considered to be 360.

Commission

A fee or percentage of a transaction paid to an agent or employee for facilitating or completing a sale.

Accrued Interest

Interest that has accumulated but remains unpaid.