The institutionalization of trade has been around since the "value theory" of David Ricardo in 1817, which argues that some countries had more feasible conditions to produce a better output of certain products in comparison to others. As a result, they had to engage in trade with other countries that had products they lacked.
"Labor" and "resources" are the key factors that fuel trade. As some countries have a cheaper labor force, it makes their products have competitive prices in the market. On the other hand, certain countries have scarce resources that many other countries do not have such as gold and other minerals. Therefore they have to engage in trade with the countries that extract them from their soil.
Answer:
D. Guidelines for how many people are needed for an area to become a state.
Explanation:
The winner of each series is given the opportunity to perform at the Royal Variety Performance in front of members of theBritish Royal Family, including either Queen Elizabeth II or the Prince of Wales, and also receives a cash prize of $250,000.
Since the 1800s<span> and the Industrial Revolution the world has been consuming at a higher rate than ever, helping the industrial revolution consumer-wise.</span>
