Answer:
More, had a comparative advantage, produce more
Explanation:
In the previous example, the United States and Brazil were efficient when they specialized. Brazil choose to specialize in the production of bananas because it in producing it. The United States and Brazil when they specialize.
Answer:
Market movements and price fluctuations are influenced by a number of factors, such as economic reports, large institutional block trades and such like. Of all these factors, one that is often underestimated is the impact of commodity prices. Fluctuating commodity prices not only have a significant impact on business, they also impact the trading markets and the overall economy. Generally, the impact of commodity price fluctuations depends on whether that economy is a net importer or net exporter of commodities.
For economies that are net importers, commodity price increases act almost like trade tariffs. This is because it makes the import of raw materials and sources of energy, required for the everyday functioning of different economic sectors, more expensive.
Economies that are net exporters, on the other hand, benefit from increasing prices, since their income increases with the sale of those commodities. At the same time, a steep rise in prices could reduce the demand for commodities and lead to losses.
Explanation:
Answer:
The enactment of the Sugar Act and the Stamp Act were both British Laws that were implemented to raise revenue for the British. The Sugar Act was designed to regulate trade, especially in the New England region and the Stamp Act was the first direct tax on home produced and consumed items.
Explanation:
The enactment of the Sugar Act and the Stamp Act were both British Laws that were implemented to raise revenue for the British. The Sugar Act was designed to regulate trade, especially in the New England region and the Stamp Act was the first direct tax on home produced and consumed items.
Answer:
Explanation:vn fdh vh bhe thgbeurhfuergvufunbgbbbbbbbbbbbbbb
So the government can’t have too much power I think