The equilibrium between possible threats and prospective compensation is known as risk/return trade-off.
Answer: Russia has an absolute advantage in the mineral.
Explanation:
Absolute advantage is an economics term that means to the ability of an individual, firm, or nation to manufacture a larger quantity of a product than its competitors.
Adam Smith proposed absolute advantage of absolute advantage in international trade by using only labor as the input. Absolute advantage is derived by comparing labour productiveness between countries.
Russia has an absolute advantage because it's the nation that can produce the highest amount.
Answer:
Balance of payments (BOP)
Explanation:
The balance of payments is referred to details of the transaction that held between two entities either in the same country or outside the country of a particular time period.
when the transaction was done for another country, there is a deduction of credit from the balance of payment and when transaction was done for the same country then credit is added to the BOP
Answer:
=2983.25
Explanation:
In calculating the inventory on raw materials you will have to Add together the original value of raw materials, the works in progress if any and finished goods to get starting total inventory.
The solution to the question can be calculated like this:
EOQ=
EOQ=268.328
EOQ+SAFETY STOCK=268.328+30
=298.325
VALUE=298.325*10
=2983.25
