The Coase theorem does NOT apply if
A: there is a significant externality between two parties.
B: the court system vigorously enforces all contracts.
C: transaction costs make negotiating difficult.
D: oth parties understand the externality fully.
A: there is a significant externality between two parties.
B: the court system vigorously enforces all contracts.
C: transaction costs make negotiating difficult.
D: oth parties understand the externality fully.
举一反三
- Forward contracts are negotiated between two parties and have unique specifications that depend on the demand of those parties.
- Forward contracts are negotiated between two parties and have unique specifications that depend on the demand of those parties. A: 正确 B: 错误
- （）any disputes between the two parties，the ICC Court of Arbitration should be resorted to.
- The method of payment for each transaction ________ be agreed upon between the two trading parties at the time of ________.
- Which of the following statements is most accurate() A: Forward contracts require that both parties to the transaction have a high degree of creditworthiness. B: Forward contracts are marked to market daily. C: Futures contracts have more default risk than forward contracts.