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
DENIUS [597]
3 years ago
5

If trade between nations is prohibited, a. nations will be unable to specialize in what they are good at and therefore end up co

nsuming less. b. nations will more easily achieve specialization in production and end up consuming more. c. nations can refine their ability to allocate resources and therefore raise consumption. d. nations can increase their public welfare.
Business
1 answer:
Strike441 [17]3 years ago
5 0

Answer:

a. nations will be unable to specialize in what they are good at and therefore end up consuming less

Explanation:

There is no country that can produce all goods and services efficiently (at the least cost ). It is for this reason that trade between countries becomes necessary. Trade between countries gives countries the opportunity to concentrate on the production of goods in which it is efficient in production and purchase goods for which it produces at higher costs.

If trade between nations is prohibited, countries would have to produce goods that they are both efficient and ijefficient in their production, resources would be wasted, specialisation in the production of goods would not occur and consumption would fall.

I hope my answer helps you

You might be interested in
A contract is ____________ if one or both of the parties have the ability to either withdraw from the contract or enforce it.
Paladinen [302]

Answer: Voidable contract.

Explanation: Voidable contract is enforceable by law at the option of one or more parties but not an option of the the other parties. A voidable contract can still be considered valid if its not cancelled by the aggrieved party within a stipulated time. A contract is said to be a voidable contract if the contract is entered into without the free consent of the party. Typical grounds for a contract being voidable include coercion , undue influence and fraud. A contract made by a minor is often voidable.

It is a valid contract which may be either affirmed or rejected at the option of one of the parties involve.

7 0
3 years ago
What key features should you point out when demonstrating 2022 kicks’ efficient performance?.
SVETLANKA909090 [29]

Xtronic CVT, D-step transmission tuning and 1.6-liter DOHC engine are the key features to point out when demonstrating the  kicks’ efficient performance.

<h3>What is the Kick efficient performance?</h3>

The vehicle's efficient performance is a features that aims to increase the performance of the car engine while being driven.

Hence, the key features to point out when demonstrating the  kicks’ efficient performance includes:

  • Xtronic CVT
  • D-step transmission tuning  
  • 1.6-liter DOHC engine

Read more about efficient performance

<em>brainly.com/question/17370171</em>

6 0
2 years ago
May is a stockbroker. Due to May's statements, Nora believes that the price of OK Goods, Inc. (OKGI), a widely traded stock, is
Anna71 [15]

Answer:

$0

Explanation:

A client can only sue a stockbroker, a financial advisor, etc., only if they made them loss money through fraud or negligence. But in this case, May (stockbroker) apparently made a mistake of value, she did nothing illegal. She might be a terrible broker, but that doesn't make her a criminal. She also didn't breach any fiduciary duty, since investing always carries a risk. If Nora doesn't like to assume risks, then she should purchase government bonds.

4 0
2 years ago
Scott Company sells merchandise with a one-year warranty. Sales consisted of 2,500 units in Year 1 and 2,000 units in Year 2. It
Alenkasestr [34]

Answer:

$0

Explanation:

Scott Company must record the warranty expense and liability regarding the products sold during the years that they occur. For example, the following journal entry must be made to record the warranty expense for year 1:

Dr Warranty expense 25,000

    Cr Warranty liability 25,000

During year 2, they will record the warranty expense for that year:

Dr Warranty expense 20,000

    Cr Warranty liability 20,000

That means that during year 3, the only warranty expense recorded will be the one related to the goods sold during that year.

8 0
3 years ago
Kingbird Inc. owns equipment that cost $672,000 and has accumulated depreciation of $174,000. The expected future net cash flows
aev [14]

Answer:

Explanation:

In this scenario, we compare the values between book value and the fair value of equipment, the difference would be the loss on impairment of the asset

In mathematically,  

= Book value - fair value

where,

Book value = Equipment cost - accumulated depreciation

                   = $672,000 - $174,000

                   = $498,000

And, the fair value is $384,000

Now put these values to the above formula  

So, the value would equal to

= $498,000 - $384,00

= $114,000

Now the journal entry would be

Loss on impairment A/c Dr $114,000

      To Accumulated depreciation A/c $114,000

(Being the impairment loss is recorded)

4 0
3 years ago
Other questions:
  • An effective production quota in the sugar market​ ______
    9·1 answer
  • To discover the extent to which economic status can be used to predict political preferences?
    13·1 answer
  • Ralph Waters owns forested land. The Department of the Interior has declared that a small fruitfly on his property is an endange
    8·1 answer
  • Frank has saved $40.00 for concert tickets, but decides to buy a new pair of jeans instead. In this scenario, what do the concer
    15·1 answer
  • If you invest $100 today in a bank account that pays a one time interest at the end of each year (you leave the interest you col
    5·1 answer
  • ​which one of these is a correct definition? ​current liabilities are debts that must be repaid in 18 months or less. ​current a
    12·1 answer
  • Pls help i need help fast pls
    6·1 answer
  • Here is My new Puppy!!!!
    14·2 answers
  • Which solutions would be appropriate for everyone in both low financial wellness groups?
    5·1 answer
  • A recessionary gap occurs when:
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!