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pashok25 [27]
2 years ago
5

According to Adam Smith, a country has an absolute advantage in the production of a product when it _____.

Business
1 answer:
Zolol [24]2 years ago
3 0

According to Adam Smith, a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.

<h3>What is production?</h3>

Production can be defined as the process of manufacturing goods or product.

A country  can have an advantage in the production of a product  over other country when the country is good at what the produce and they are  efficient in  producing the product because they produce a desired result , with this other country will be attracted to what this country produce.

Inconclusion a country has an absolute advantage in the production of a product when it : is more efficient than any other country at producing it.

Learn more about production here:brainly.com/question/16755022

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Answer: C. Debit cash $71,000; debit land $132,000; credit Common Stock $203,000.

Explanation:

From the question, we are informed that Richard Redden, the sole stockholder, contributed $71,000 in cash and land worth $132,000 in exchange for common stock to open a new business, RR Consulting.

The journal entries will RR Consulting make to record this transaction will be:

Debit cash $71,000; debit land $132,000; credit Common Stock $203,000.

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Central, Peripheral

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If you want to prevent any disputes about the application of the parol evidence rule, what should you do?
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<u>Answer:</u>

<em>Thick fish steaks are also known as </em><em><u>fillets </u></em>

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A fish filet, from the French word filet, which means a string or strip, is the substance of a fish that has been removed or cut from the bone by cutting the long way along one side of the fish parallel to the spine. In anticipation of filleting, any scales on the fish ought to be expelled.

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