Answer:
a.Georgeland has an absolute but not a comparative advantage in producing clothing.
Explanation:
A country has a comparative advantage in production if it produces at a lower opportunity cost when compared with other countries.
A person has an absolute advantage in production if it produces more quantities of the good when compared with other countries.
Georgeland produces more quantities of both food and clothes when compared to Alland, so it has absolute advantage in both activities .
The opportunity cost of georgeland in producing clothes = 36 / 18=2
The opportunity cost of georgeland producing food = 18 / 36 = 0.5
For Alland,
the opportunity cost of producing clothes = 32 / 16= 2
the opportunity cost of producing food = 16 / 32 = 0.5
Neither countries don't have a comparative advantage in the production of either clothes of food bedside they have the same opportunity costs in both activities.
I hope my answer helps you
If Jamie would like to compare one savings account to
another savings account, and that he compares the amount of the interest he
will earn in one year in each account, it is likely that he is demonstrating
the annual percentage yield. This is where the annual rate return exist in
which the effect of copound interest is being taken into account.
hope this helps
<span>They originally felt that licensing would be the best first step. By letting other companies use their product in exchange for paying royalty fees, Bernerd was licensing its product out for those companies to take advantage of the company's name.</span>
Complete Question:
Asking all job candidates questions from the same interview schedule in the same way is an example of ________.
Group of answer choices
A) validity
B) correlation
C) reliability
D) standardization
Answer:
D) Standardization.
Explanation:
Asking all job candidates questions from the same interview schedule in the same way is an example of standardization.
When recruiters use a standardization in the recruitment process, it involves the process of asking or assessment of all the potential employees using the same question, pattern or method.
Generally, a standardized job interview is assumed to be more objective and effective.
Answer: b. production facilities in north-central Mexican states.
Explanation: A maquiladora is a company located in the north of Mexico, which usually imports the products with tax facilities, performs a manufacturing process and then exports the products to which they belong again, this figure is used to reduce production costs. Example: A textile company, manufactures the products outside the country and then the finished product returns to the origin.