Trade between nations can be mutually beneficial if one country has a comparative advantage.
<h3>
What do you mean by a comparative advantage?</h3>
The model of comparative advantage is one of the basic concepts that underlies the theory of international trade and shows that countries tend to specialize in the production and export of those goods that they manufacture at a relatively lower cost than the rest of the world.
Those that are comparatively more efficient than others and that tend to import goods in which they are more inefficient and therefore produce with costs that are comparatively higher than the rest of the world.
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Answer:
$429,200
Explanation:
Considering the above information, cash collected from customers by Planet Corporation in 2017 would be;
= Accounts receivable January 1, 2017 + Sales on accounts and cash sales - Accounts receivables January 31, 2017
= $21,600 + $438,000 - $30,400
= $429,200
If a former client wished to sue a broker for $20,000 in damages resulting from the alleged negligence of the broker. The suit would be brought in by: <u>Superior Court.</u>
<h3>What is negligence?</h3>
Negligence can be defined as an act of carelessness that inturn led to damage or injury.
Superior court is a court that is in charge of criminal cases and this court tend to arraign a suspect before making final judgement or decision based on the act committed by the suspect.
Therefore If a former client wished to sue a broker for $20,000 in damages resulting from the alleged negligence of the broker. The suit would be brought in by: <u>Superior Court.</u>
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