The existence of trade for country that has developed an expertise or reputation for quantity in the production of a particular good is best explained by <u>"acquired comparative advantage".</u>
A few business analysts make a distinction among natural and acquired comparative advantages. A natural comparative advantage exists inside a nation that has regular assets that are required to create an item, while a procured near favorable position is the favorable position picked up by an individual or a nation by investing a great deal of energy or assets delivering an item. For example, Saudi Arabia has a a natural comparative advantage with its tremendous stores of oil. (Saudi Arabia additionally has an outright favorable position in oil, since the expense of its extraction is not exactly somewhere else.) Since Saudi Arabia has couple of different assets, without exchange, it would be amazingly poor; in view of exchange, it is to a great degree affluent. Japan, then again, has couple of normal assets, yet it has an acquired comparative advantage in its assembling and business know-how, which it has created throughout the years.
Answer:
energy, direction, and persistence
Explanation:
Motivation is defined as the desire to act towards attainment of a goal. It is the driving force an individual has in setting and achieving objectives.
Motivation is also the process by which people are stimulated to perform actions that will lead to attainment of goals.
Key element of motivation are energy, direction and persistence.
There needs to be an energy to push for success, there is a direction or specific goal to be attained, and persistence to keep pushing for attainment of the goal.
Answer:
True.
Explanation:
Financial accounting is an accounting technique used for analyzing, summarizing and reporting of financial transactions like sales costs, purchase costs, payables and receivables of an organization using standard financial guidelines such as Generally Accepted Accounting Principles (GAAP) and financial accounting standards board (FASB).
Thus, it is a field of accounting involving specific processes such as recording, summarizing, analysis and reporting of financial transactions with respect to business operations over a specific period of time. Financial experts or accountant uses either the cash basis or accrual basis of accounting.
An account can be defined as a formal and individual record of the financial transactions of a person, business firm, goods, assets, liability, etc.
All the transactions with respect to a particular item such as income, expenses, assets, liability, etc., are recorded in its account.
In general, accounts are split or divided into two main categories and these includes;
I. Personal Accounts
II. Impersonal Accounts.
Answer:
Germany
Explanation:
Tennis rackets are in a way, a luxury item that is only often bought by people who enjoy a middle-high, or high income. This is because Tennis as a whole tends to be an expensive sport to practice, since most tennis courts are located in private clubs, need to be rented for the practice, and the rest of the equipment associated with the sport: the footwear, and even the clothing, tends to be expensive as well.
For this reason, I would target a high income country first, and the most straightforward proxy to measure the average income of a nation is its GDP Per Capita, which is the GDP divided by the total population of the country.
According to the CIA Factbook, we have the following GDP Per Capita figures for the countries listed:
Brazil: $15,600
China: $18,200
Germany: $53,209
Italy: $38,200
Japan: $42,900
As a result, I would choose Germany, because it has the highest GDP per capita among the lot.
