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
Bingel [31]
4 years ago
14

How does a country determine whether it has a comparative advantage in the production of certain goods?

Business
1 answer:
Sergeu [11.5K]4 years ago
7 0

Answer:

Comparative Advantage: A country has a comparative advantage in producing a commodity if the opportunity cost of producing that commodity in terms of other commodity is lower in that country as compared to the other country.

For determining comparative advantage, countries compare their good's opportunity cost with the other country's goods opportunity cost.

You might be interested in
A parent or guardian taking care of a child by providing food, shelter and clothing is showing
kogti [31]

Answer:

Responsibility

Explanation:

5 0
3 years ago
Read 2 more answers
High-Rise Boots Corp. plans to expand into the European market where it finds weak pressure to respond to local demands and cost
Alekssandra [29.7K]

Answer: Home replication strategy

Explanation:

The competitive strategy should the company use based on these factors is the home replication strategy. In this strategy, there is a minimal need for flexibility or modifications.

Since the company finds weak pressure to respond to local demands and cost reductions are not necessary, then the home replication strategy is applicable.

7 0
3 years ago
Which career cluster does nursing belong to?
zheka24 [161]

Health Science Career Cluster

4 0
3 years ago
Read 2 more answers
Effects of the launching of Sputnik included:________
Genrish500 [490]

Answer:

Option D

Calls for more funding for science education in America the growth of the antiwar movement

Explanation:

Due to the cold war, the need for superiority in science and technology was created, and the U.S and Russia were the two countries running the arms race to gain superiority. When Russia launched the first rocket into space, The US responded by channeling funds into research and development. This was done in order to launch their own satellite into space as well. This was achieved a few years later with the launching of the Explorer 1

3 0
3 years ago
Comprehensive problem 5 part
Nat2105 [25]
<span>materials cost behavior units per case cos.</span>
4 0
3 years ago
Read 2 more answers
Other questions:
  • The fabric costs $14.00 per yard.if you buy 5 yards or more, you can get 20% off.how much would five yards cost on sale?
    5·1 answer
  • In their battle for chocolate lovers, Godiva and Hershey's must divide the population into different categories of consumers, fo
    15·1 answer
  • INCOME STATEMENT Byron Books Inc. recently reported $13 million of net income. Its EBIT was $20.8 million, and its tax rate was
    10·1 answer
  • Many health care organizations are drowning in data. yet health care workers cannot get reliable insights from this data. inform
    7·2 answers
  • Journal entries recorded at the end of each accounting period to prepare the revenue, expense, and withdrawals ac0ounts for the
    8·1 answer
  • The great sphinx is thought to be a portrait of __________.
    11·1 answer
  • Patents and copyrights are considered to be what type of resource?
    10·2 answers
  • Demand-pull inflation occurs when
    5·2 answers
  • Describe the use of a credit card vs a debit card.
    6·1 answer
  • What are the main advantages of the d-step tuning of 2023 murano’s xtronic cvt?.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!