Effat University
ASSIGNMENT
SPRING 2020
COLLEGE OF BUSINESS
DEPARTMENT OF FINANCE
INSTRUCTOR NAME: Dr. Rozina Shaheen
COURSE NAME: International Finance
COURSE NUMBER: FIN 344
SECTION:
NUMBER OF PAGES:
NUMBER OF QUESTIONS:
Maximum Marks: 10
Name: Hammdah Almoalad
Student ID: S18105169
Question1.
a) What is the difference between explicit costs and implicit costs?
• Explicit are costs that involve spending money. Implicit costs are nonmonetary opportunity
