<u><em>The correct answer is option E:
</em></u>
The country of Rockonya makes 1 television every 5 hours and 1 car every 20 hours, while the country of Jamonia makes 1 television every 24 hours and 1 car every 12 hours. Rockonya has a Comparative Advantage in making televisions.
<em>A comparative advantage </em>of one country over another in the production of a certain good or service is a special facility with respect to a certain key aspect that the first country has more than the second. In this case, the characteristic to be compared is the greater productivity that Rockonya has in the manufacture of televisions.
<em>An absolute advantage</em> takes into account the quantification of a key aspect for the production of a certain good or service without establishing any comparison with another country.
<em>In the example it would be:</em> Rockonya has a productivity of 1 TV per day.
Answer:
Iraq invaded Kuwait on August 2, 1990. In response to this aggression, the United States, along with a coalition of allied countries, started the Gulf War against Saddam Hussein's regime.
Explanation:
The Gulf War began when Iraq under Saddam Hussein captured neighboring Kuwait to secure oil supplies in August 1990. This meant that the UN intervened and that the United States, with President George H.W. Bush at the helm, with military force, defeated the Iraqi forces after a lengthy and preliminary bombing campaign from the air, which began on January 17, 1991. The American losses were historically few for a land war, while the Iraqi ones were significant.
The New Deal was Franklin Roosevelt's program designed to fight the Great Depression.
Now we have two choices, B, or C. The government would raise taxes if the economy grew enough to allow it, however a more likely option would be that the government started spending more money than they truly have. The answer is C.
