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3 years ago

Which of the following is true?

Business

1 answer:

NNADVOKAT [17]3 years ago

4 0

Answer: Option (D) is correct.

Explanation:

Correct option: A nation cannot have a comparative advantage in the production of every good.

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 than the other country.

While calculating the opportunity cost of producing a commodity, country takes into account both the commodities. Hence, it was not possible that a country is having comparative advantage in the production of every commodity.

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An ever-expanding variety of goods and services are in demand by consumers all around the world. given the importance of world t

Vlada [557]

An ever-expanding variety of goods and services are in demand by consumers all around the world. given the importance of world trade, countries are inclined to attempt to control the trade for their own benefit.

The General Agreement on Tariffs and Trade is now administered by the World Trade Organization. The International Court of Justice is composed exclusively of U.S. judges. The Dispute Settlement Body of the World Trade Organization (DSB) is a bona fide court.

International trade allows countries to expand their markets and gain access to goods and services that were not available domestically. World trade has made the market more competitive. This ultimately leads to more competitive pricing and consumers get cheaper products.

Learn more about world trade at

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1 year ago

Which of the following sequences correctly represents the flow of electrons during photosynthesis?A. NADPH -> O2 -> CO2B.

ch4aika [34]

Answer and Explanation:

B. H2O -> NADPH -> Calvin cycle

4 0

3 years ago

The difference between the basic eoq model and the production order quantity model is that

Marrrta [24]

EOQ stands for Economic Order Quantity. It<span> is the order quantity that minimizes the total holding costs and ordering costs.</span><span>
The difference between the basic EOQ model and the production order quantity model is that </span>the production order quantity model does not require the assumption of instantaneous delivery.

3 0

2 years ago

Retiring comfortably is most likely a long-term goal for a person of which of

Nadusha1986 [10]

Answer:18 years old

Explanation:

8 0

2 years ago

Read 2 more answers

Annual Worth and Capital Recovery Calculations U S. Steel is considering a plant expansion to produce austenitic, precipitation

Anna007 [38]

Answer:

$5,601,632

Explanation:

we must first calculate the present value of the required investments and the annual costs:

initial investment = $13,000,000 + $10,000,000/1.1 = $22,090,909

annual costs = $1,200,000 x 5.0188 (PV annuity factor, 15%, 10 periods) = $6,022,560

present value of initial investment + annual costs = $28,113,469

we must calculate an annuity that has a present value = $28,113,469 with a 15% discount rate and 10 years:

annuity = $28,113,469 / 5.0188 = $5,601,631.67 ≈ $5,601,632

7 0

2 years ago