A.<span>This case allowed for a broad interpretation of the powers of the federal government.</span>
The theory of comparative advantage is credited to David Ricardo.
<h3>What is Ricardo's theory of comparative advantage?</h3>
In economics, a comparative advantage occurs when a country can produce a good or service at a lower opportunity cost than another country.
The theory of comparative advantage is attributed to political economist David Ricardo, who wrote the book Principles of Political Economy and Taxation (1817).
Comparative advantage is a key principle in international trade and forms the basis of why free trade is beneficial to countries.
Eg; Consider two countries (China and the UAE) that use labor as an input to produce two goods: wine and cloth.
In China, one hour of a worker’s labor can produce either 5 cloths or 10 wines.
In the UAE, one hour of a worker’s labor can produce either 20 cloths or 15 wines.
The UAE enjoys an absolute advantage in the production of cloth and wine.
To learn more about Comparative advantage, refer
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answer is A
Transcendentalism is the belief that a person's intuition will help her reach spiritual understanding.
Transcendentalism is an idea and movement which developed in late 1820s and 1830s in the United States. It was inspired by the European romanticism and the transcendental philosophy of Immanuel Kant. The main point of the transcendentalist was the advantage of subjective intuition over the objective empirical research.
The main representatives of this movement were: Ralph Waldo Emerson, Henry David Thoreau, Margaret Fuller, and Amos Bronson Alcott.
Hamilton believed that the National Bank was permitted in terms of the 10th amendment. He interpreted it as if the National Bank was constitutional.
20: checks and balances!
21: Duties: execute law, enforce law, make laws. who does them? EXECUTIVE branch EXECUTEs laws, LEGISLATIVE branch makes laws, and JUDICIAL branch ENFORCES the laws. making sure they are constitutional.
