Aclothing manufacturer that sells wholesale to small fashion boutiques has just internationally expanded its operations to south korea. in that country, labor costs and various materials are cheaper. if south korea contemplated closing its border to importing and exporting because of an international conflict, the clothing manufacturer would suffer as a result of which environmental risk to its international strategy? a. economical risks b. international risks c. political risks

Carey company is borrowing $225,000 for one year at 9.5 percent from second intrastate bank. the bank requires a 15 percent compensating balance. the principal refers to funds the firm can effectively utilize (amount borrowed − compensating balance). a. what is the effective rate of interest? (use a 360-day year. input your answer as a percent rounded to 2 decimal places.) b. what would the effective rate be if carey were required to make 12 equal monthly payments to retire the loan?