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Bad White [126]
2 years ago
6

Match the given descriptions to the terminology that could be used to define them.

History
1 answer:
Murrr4er [49]2 years ago
6 0
  • Country A produces a certain good in abundance and sells it at a cheaper rate to other countries - comparative advantage.
  • Country B produces a good with a lower opportunity cost than another good - specialization in trade.
  • Country A has superior resources to produce a good more efficiently - absolute advantage.
  • Countries A and B have a free flow of labor across their borders - assumption in trade.

<h3>What is Trade?</h3>

This is defined as the buying and selling of goods and services in which the seller is compensated by the buyer.

The trade terminologies and their appropriate descriptions can be seen written above.

Read more about Trade here brainly.com/question/17727564

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Explanation:

Given : Total distance need to be traveled = 540 miles

If they travel 70 miles per day , the number of days require to cover above distance = (\text{Total distance]} )\div 70\ \text{ miles}

=(540\div 70)\text{ miles}

= 77.142\approx77\text{ days}

Hence, it would take approximately 77 days to arrive at Roanoke Island.

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