Question 5 (3 points)
(05.02 MC)
Which of the following describes how trade between the count...
Social Studies, 22.03.2021 19:40 cheriebg
Question 5 (3 points)
(05.02 MC)
Which of the following describes how trade between the countries of North America is affected by their geographic location? (3 points)
Оа
High taxes make it expensive for these countries to trade with each other.
Oь
It costs much less to transport goods because the countries border each other.
Ос
Moving products is difficult since few rivers flow from the U. S. to other countries.
Od
Trade is not desired since they are close together and have the same natural resources.
Answers: 2
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Norman jones, an economic historian at the university of utah, has described the views of the ancient greek philosopher aristotle on interest: aristotle defined money as a good that was consumed by use. unlike houses and fields, which are not destroyed by use, money must be spent to be used. there- fore, as we cannot rent food, so we cannot rent money. moreover, money does not reproduce. a house or a flock can produce new value by use, so it is not unreasonable to ask for a return on their use. money, being barren, should not, therefore, be expected to produce excess value. thus, interest is unnatural. what did aristotle mean in arguing that money is “barren”? why would money being barren mean that lenders should not charge interest on loans? do you agree with aristotle’s reasoning? briefly explain.
Answers: 2
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