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Svetlanka [38]
3 years ago
15

To obtain the greatest gains from trade, a country should specialize in and __________ those goods for which it has a comparativ

e advantage and __________ those goods for which other countries have a comparative advantage.
Business
1 answer:
stepan [7]3 years ago
7 0

Answer:

export, import

Explanation:

When countries trade, they have to leverage on goods they have comparative advantage in producing.

For example if Malaysia has a very successful palm oil manufacturing industry that gives it surplus, it will leverage on this and export it to countries that need palm oil.

If Malaysia now needs petrol and it doesn't have it or producing it at home will not be cost effective, it can demand for Petro from the other country.

In this instance Malaysia is leveraging on its comparative advantage (palm oil) by exporting it. And importing goods it doesn't have comparative advantage producing (petrol).

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Where must all laws dealing with money originate why?
Mama L [17]
I am sorry I dont know.
8 0
4 years ago
Marcy and Liz developed a new jewelry design. They were fortunate to get the attention of a large online retailer who was willin
balandron [24]

Answer:

exclusive distribution

Explanation:

The exclusive distribution refers to the agreement between the distributor and the manufactured stated that the manufactured will only sell the products and services to the distributor only no other person is involved in this agreement. There is a binding agreement between the manufactured and distributor

So according to the given situation, it is mentioned that the designers ready to sell their designs for the first two years to the retailers which shown that there is an exclusive distribution

7 0
3 years ago
Pooler Corporation is working on its direct labor budget for the next two months. Each unit of output requires 0.15 direct labor
AleksandrR [38]

Answer:

$13,335

Explanation:

Required production in units for April and May are 6,500 units and 6,200 units respectively.

Direct labor hours needed is 0.15 for both months.

Total direct labor hours needed for each month would be;

April

= 6,500 units × 0.15

= 975

May

=6,200 units × 0.15

= 930

Direct labor rate per hour for each months is $7

Total direct labor cost for April would be;

= $7 × 975

= $6,825

Total direct labor cost for May would be;

= $7 × 930

= $6,510

Therefore, total direct labor cost for both months April and May would be;

= $6,825 + $6,510

= $13,335

4 0
4 years ago
What is one reason that more affluent individuals may experience better health?
andrew-mc [135]
They can afford top notch healthcare
3 0
3 years ago
What types of issues should be agreed upon at the first level supervisor level and which ones do you think need to be elevated?
I am Lyosha [343]

The issues of training, absenteeism , productivity and morale should be agreed upon at the first level of supervisors.

The first line supervisor can manage concerns like as training, absenteeism, productivity, and morale . With the growth of unions, hiring and firing have grown increasingly difficult for first-line supervisors to handle. Hiring and, more crucially, dismissal should be prioritized to avoid disputes. Disciplinary action is often handled by first line supervision in a non-union context. It should be elevated in a union setting. Elevation would guarantee that all of the ducks are in a row to avoid a complaint and save the company money on any monetary settlements.

To know more about first level supervisors click here:

brainly.com/question/6297724

#SPJ4

5 0
2 years ago
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