Answer:
not make sense as long as Xenophobia had a comparative advantage in any good.
Explanation:
Comparative advantage is when a country has a lower cost of production of a good compared to other countries. The country will be able to produce more than it needs and have excess for export.
So if Xenophobia has comparative advantage in for example yam production, and meets its local needs while having excess. It will make no economic sense to waste this excess. Instead it will be better to export the excess and make money for the country.
Answer:
False
Explanation:
Exchange rate helps to determine the value of money in the foreign currency. If the exchange rate changes from 1.8 to 1.5 francs per dollar it means that the franc per dollar appreciates, and the dollar depreciates. Now, more dollars can be bought by trading Swiss franc compared to the previous rate. A decrease in exchange rate decreases the value of the dollar compared to the Swiss franc.
Answer: Housing, Food, Bills, Transportation
Explanation: common sense my guy
Answer:
A joint venture (JV) is not a partnership. That term is reserved for a single business entity that is formed by two or more people. Joint ventures join two or more different entities into a new one, which may or may not be a partnership.
Hope it helps
