Question

What impact should be considered when examining the terms of a treaty exchange through an intermediary?

a.

Brokerage cost

b.

Tax on profits

c.

Reserves

d.

Profit fluctuations

Answer: (a).Brokerage cost Explanation:When examining the terms of a treaty exchange through an intermediary, one should consider the impact of brokerage cost on the result of reciprocal profit from the inward treaty.

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Q. What impact should be considered when examining the terms of a treaty exchange through an intermediary?

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