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sasho [114]
1 year ago
9

In his theory of absolute advantage, what did adam smith say should be the determinant of what a country imports and what it exp

orts?.
Social Studies
1 answer:
allochka39001 [22]1 year ago
6 0

In his theory of absolute advantage, Adam Smith maintained that a nation's imports and exports should be decided by the invisible hand of the market mechanism as opposed to governmental action.

In his book The Wealth of Nations from the 18th century, economist Adam Smith introduced the idea of absolute advantage to explain how nations might profit from trade by specializing in manufacturing and exporting the things that they can manufacture more successfully than other nations. Absolute winners might choose to focus on manufacturing and selling a particular commodity or service, and then use the money they make to buy goods and services from other nations.

The rationale for why it is advantageous for people, companies, and nations to trade with one another is based on absolute advantage. Each has a distinct edge in manufacturing certain items and services, therefore the exchange will be advantageous to both parties.

Learn more about Adam Smith here:

brainly.com/question/21764310

#SPJ4

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Answer:

Assessment is the process of gathering information to learn what participants know and are able to do, in order to determine their progress toward achievement of goals and objectives.

Explanation:

The definition given in the example is the general one for the term assessment. In the field of education, the concept of assessment refers to the broad range of methods or resources that educators implement to analyze, measure, and validate the academic aptness, educational development, acquisition of skills, or educational necessities students may have.

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Examine what Winston does and does not find appealing in his dream.Winston finds the death of his mother and sister appealing ev
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This question is about "1984" by George Orwell

Answer:

He finds and finds the death of his sister and mother attractive, but does not find it attractive that he likes it.

Explanation:

Winston is a very pessimistic character, although rebellious and revolutionary, he has a certain fascination for death, as something that will catch everyone and that must be violent and suffering, often that thought invades him around himself.

One night he dreams about the death of his sister and his mother, he feels that this is very attractive and in a way comforts him, because it makes him feel something and realize that he is alive and that he is a human being capable of feeling. The problem is that what he feels is guilt and remorse for finding the death of his mother and sister attractive and good.

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Established by Article I of the Constitution, the Legislative Branch consists of the House of Representatives and the Senate, which together form the United States Congress. The Constitution grants Congress the sole authority to enact legislation and declare war, the right to confirm or reject many Presidential appointments, and substantial investigative powers.

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The Senate is composed of 100 Senators, 2 for each state. Until the ratification of the 17th Amendment in 1913, Senators were chosen by state legislatures, not by popular vote. Since then, they have been elected to six-year terms by the people of each state. Senator's terms are staggered so that about one-third of the Senate is up for reelection every two years. Senators must be 30 years of age, U.S. citizens for at least nine years, and residents of the state they represent

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