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3 years ago

If an economist argues that everyone gains from trade, what reasoning is most likely underlying her argument?

Business

1 answer:

mylen [45]3 years ago

4 0

Answer:

If an economist argues that everyone gains from trade, the following reasoning is most likely underlying her argument:

Production according to the principle of comparative advantage lowers overall costs and therefore allows both countries to have a higher standard of living.

Explanation:

The comparative advantage refer to the situation in which an individual, company or a country offers its services and products at a lower rate as compared to its competitor. This leads to trade-off as you have to comprise for the gain of something.
This comparative advantage also increase the dependencies of nations or companies on each other.
For example, England and Portugal has benefited from this comparative advantage concept as England get the wine at lower cost from Portugal and Portugal also get earning by selling this wine to England.

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Pursuing multiple market segments at the same time is the best way to enter new markets. Group of answer choices True False

Archy [21]

It should be noted that pursuing multiple market segments at the same time is not the best way to enter new markets. Therefore, it's false.

<h3>What is a market?</h3>

A market simply means the coming together of a buyer and seller for transactions purpose.

In this case, pursuing multiple market segments at the same time is not the best way to enter new markets. One needs to have complete knowledge before entering a market.

Learn more about market on:

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2 years ago

If you sell only one or just a few items your business is

Harlamova29_29 [7]

that means simply your a business man seller

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2 years ago

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Milo is the owner of a sporting goods store that has only been open for three months. The holiday season is coming up, and Milo

Arada [10]

1. If Milo should try to sue Jess, the court will decide that

that the parties had a contract, but the damages could not be ascertained because the hourly rate and number of hours had not been determined.

2. Yes, Sylvia will have to pay Sarah for painting the store, even though she did not verbally agree to the contract.

3. The store manager is most likely to explain to Arlene here that the advertisement is a valid offer, and the store must honor the price in the advertisement.

<h3>What is a business contract?</h3>

A contract can be referred to as business arrangements. They are very enforceable in the case of a breach by a court of law.

A business contract usually makes specifications concerning when a business would be done, the completion, and the payment for the goods and services rendered.

One has to fully understand the terms of a contract before they go ahead to sign documents.

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2 years ago

Which of the following investors would likely prefer a cash dividend over a stock dividend?

Hunter-Best [27]

Answer:

d. Enrique subscribes to the "bird in the hand "theory when it comes to dividends

Explanation:

Cash that is ready to use is better than having other assets that need to be converted into cash to be enjoyed later. This is the simple explanation of the "bird in the hand" theory. An investor who subscribes to this theory will highly likely prefer a cash dividend over a stock dividend.

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2 years ago

If the exchange rate for Canadian and U.S. dollars is 0.92777 to 1, this implies that 13 Canadian dollars will buy ____ worth of

Mazyrski [523]

Answer:

U.S. dollars = 14.012 U.S. dollars

Explanation:

Below is the exchange rate:

0.92777 Canadian dollars = 1 U.S dollars

Thus to find the amount of U.S. dollars bought from the 13 Canadian dollars, just divide the 13 Canadian dollars from 0.92777. Therefore the resulting answer will be the U.S. dollars.

U.S. dollars = 13 / 0.92777

U.S. dollars = 14.012 U.S. dollars

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2 years ago