All categories

2 years ago

If the two countries were to specialize and trade with one another, which country would import airplanes?

Business

1 answer:

tresset_1 [31]2 years ago

6 0

The country that should import airplanes is country A.

<h3>Which country should import airplanes?</h3>

The country that should import airplanes is the country that does not have a comparative advantage in the production of airplanes. A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries.

A country has a lower opportunity cost if it forgoes less quantity of an alternative product when producing another product.

Opportunity cost of country A in the production of airplanes: 8 million / 8 = 1 million

Opportunity cost of country B in the production of airplanes: 4 million / 6 = 670,000

To learn more about comparative advantage, please check: brainly.com/question/25139916

#SPJ1

You might be interested in

A third method for determining the forecasted cost at completion is to re-estimate the costs for all the remaining work to be pe

faust18 [17]

Answer:

A. the FCAC is less than the TBC

Explanation:

If the amount of cumulated actual costs is less than difference between the total budgeted cost and the re-estimate, then the FCAC is less than the TBC

3 0

2 years ago

In her work as an accountant, Sandra Garcia recognizes that for every transaction that affects an asset, an equal transaction mu

adell [148]

Answer:

Correct option is (B)

Explanation:

In accounting, double entry book keeping is followed as every financial transaction has dual effect on the books of accounts. It starts with the accounting equation which stated:

Assets = Liabilities + Stockholder's Equity

If there is an increase in assets, there has to be a subsequent increase in either liability or stockholder's equity.

Every transaction is debited in one account and credited in some other account.

For example Depreciation for the year is $2,000. Depreciation expense account is debited by $2,000 and accumulated depreciation account is credited by $2,000.

Since Sandra recognizes that an effect on asset will have a simultaneous effect on either liability or equity, she is following double entry bookkeeping.

5 0

3 years ago

You have been placed in charge of a large project. Shortened communication lines are required to ensure quick resolution of prob

EastWind [94]

Pure Project!! i might be wrong :)

3 0

3 years ago

Her current campaign has a total investment of $25,500, generates 1,500 conversions, and has a CPA of $17. Which plan, built in

Butoxors [25]

Answer:

Explanation:

An investment of $40,000 to generate 2,000 conversions and a CPA of $20 will help Molly with her marketing goal to generate more sales than other investment plan

4 0

2 years ago

How does the rate of P2P amongst millennials compare to that of all survey participants? Why do you think millennial usage is so

timurjin [86]

Answer:

Following are the solution to this question:

Explanation:

Millennials are an essential target demographic for the product businesses and constitute a significant portion of the population. Although many citizens have become unemployed and encumbered by student loan debt, millennia will likely become wealthier over the period but are an important market both for marketers and brand stores.

The P2P millennial has a wide pool of friends or associates and has a space of practice and use comparison with one another.

4 0

3 years ago