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BaLLatris [955]
3 years ago
8

When a country has a comparative advantage in producing a certain good, a. the country should import that good. b. the country s

hould produce just enough of that good for its own consumption.
Business
1 answer:
dedylja [7]3 years ago
7 0

Answer:

None of the option is correct.

Explanation:

Principle of comparative advantage states that a country has a comparative advantage in producing a certain goods if the opportunity cost of producing those goods is lower than the other country. A country is exporting a commodity in which it has a comparative advantage and importing a commodity in which it has a comparative disadvantage.

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The opportunity cost of an action: Group of answer choices can be determined by considering both the benefits that flow from as
joja [24]

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The action of opportunity cost is that is the subjective measurement which could be determined only through the individual, who selects the action.

Explanation:

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3 0
3 years ago
At year-end, harris co. had shipped $12,500 of merchandise fob destination to harlow co. which company should include the $12,50
lara31 [8.8K]

Answer:

The answer is Harris Co, who should include the $12,500 of the merchandise in transit as part of its year-end inventory.

Explanation:

For this question, we must first need to understand the <u>FOB destination</u>.

<u>FOB destination:</u>

  • Selling term under which the ownership of goods sold and shipped remain with the seller - Harris Co.
  • This is until the goods arrive at the buyer's destination
  • Once the goods reached at buyer's receiving dock, the ownership is transferred to the buyer from the seller - In this case, buyer is Harlow Co

<u>Further explanation:</u>

In this case, Harris Co shipped $12,500 of merchandise FOB destination to Harlow Co. The ownership will remain with the company Harris Co (seller) that shipped the goods to Harlow Co (buyer), until they arrive at the buyer company Harlow Co's receiving dock.

8 0
3 years ago
A cash equivalent is a short-term, highly liquid investment that is readily convertible into known amounts of cash and A. bears
Katarina [22]

Answer:

B. is so near its maturity that it presents insignificant risk of changes in interest rates

Explanation:

please see attachment

7 0
3 years ago
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