1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Vladimir [108]
3 years ago
10

Suppose that Spain has a comparative advantage in hats and Portugal has a comparative advantage in doormats. Under a system of f

ree trade, each country specializes and then trades with the other. If the price starts at four hats per doormat, and then increases to five hats per doormat, then: Group of answer choices some of the gains from trade shift to Spain. some of the gains from trade shift to Portugal. people in Portugal will not want to buy as many hats. Spain no longer has a comparative advantage in hats.
Social Studies
1 answer:
Lady_Fox [76]3 years ago
6 0

Answer:

Some of the gains from trade shift to Portugal.

Explanation:

The law of comparative advantage describes how agents produces more of and consumes less of a good for which they have a comparative advantage in. Agents have a comparative advantage if they produce a good at a lower marginal cost prior to trade. Contrary to it, agent has an absolute advantage if they produce a good more productively, or more quantity of goods for a less amount of resources.

In this example, if the price of doormat increases to 5 hats per doormat, Spain will have to produce hats to get 1 doormat. Contrary to it, Portugal will get more hats for producing the same amount of doormats as before.

So, to conclude, Portugal will gain from this trade.

You might be interested in
How are characters clever when solving a mystery?
Bumek [7]

Answer:

When solving a mystery, characters can be clever by analyzing all of the available evidences and connect them to find the truth.

Explanation:

These  are the most common traits for clever characters in a mystery genre.

While other characters look a certain object or situation as normal occurrences, Clever characters often able to understand which objects or occurrences are related to the mystery that they experience.

Characters often will find several of these evidences as the story progress,  (for example, in a murder mystery this can be things such as the motif of the murder, weird statements that given by the witness, etc) but only  the clever ones are able to connect these evidence that eventually solve the mystery.

8 0
3 years ago
Before publishing her test of musical aptitude, Professor Reed first administered the test to a representative sample of people.
Artyom0805 [142]

Answer: This can be necessary for test standardisation

Explanation: Test standardisation involves the process of evaluation by comparing different test results with a standard.

From the question it can be assumed that the individual that participated in the test did very well and in order for the process to publish the results, he had to compare results with other people to ensure that she the result is not a hoax.

6 0
3 years ago
When Cortes and his Spanish Army located the Aztecs, they found a simple group of humble people.
Marta_Voda [28]
The correct answer is false
3 0
3 years ago
Was the effect of the war on India’s economy positive OR negative? Explain.
dangina [55]

Answer:

The answer to this question as follows:

Explanation:

Second world war does have a profound impact on the Indian economy, during the war "World war I and II".  

  • The reason a lot of people during the first World War wouldn't talk plenty about India as well as its economic situation although many believe that India wasn't connected to it, that was quite the reverse.  
  • In the second WW had several serious consequences, after it had restricted India's tax policies inside Britain's Confederation, and terminated India's communication with Europe.
6 0
3 years ago
Critically discuss the role of self-awareness in your attempt to choose subjects in keeping with your personal attributes at gra
kotykmax [81]

The role of self-awareness in your attempt to choose subjects in <em>keeping with your personal attributes</em> at grade 10 is:

  • To help the student to make better decisions which are consistent with his personal attributes for maximum efficiency.

<h3>What is Self Awareness?</h3>

This refers to the emotional ability of a person to focus on how his personal actions and thoughts are aligned with his personal values.

With this in mind, we can see that a critical discussion of the role of self awareness for a grade 10 pupil to choose subjects that are in line with his personal attributes is to help him keep in track and be focused.

Read more about self awareness here:

brainly.com/question/5141879

6 0
2 years ago
Other questions:
  • How do scientists think hominins first migrated to continent 1?
    9·1 answer
  • Our beliefs about who we are, what we are able to do, and the traits we engender are referred to as our
    15·1 answer
  • Which of the following would demonstrate respect and enhance Jerry’s relationships at work? a. "Elaine, you shouldn’t gossip." b
    8·1 answer
  • How did U.S. goals and Soviet goals differ after World War ll
    14·1 answer
  • Cuál jugador realiza el tercer toque? de voleibol
    10·1 answer
  • Which two concepts had to do with Daoisim a quiet life, Final piety, The middle way, Yin and Yang
    13·1 answer
  • Explain what happened to the Thomson Plant in Circleville, OH?
    9·1 answer
  • 10. Which two countries have the same type of government?
    8·2 answers
  • Read the Texas Monthly article, “Death Isn’t Fair.” First, summarize the article. Be as specific as you can without exceeding th
    5·1 answer
  • The morality of inequality of opportunity is a(n) _______ ethical concern, while the morality of inequality of outcome is a(n) _
    9·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!