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nalin [4]
3 years ago
6

When nations increase production in their area of _________________ and trade with each other, both sides can benefit.

Business
1 answer:
Elenna [48]3 years ago
7 0

Answer:

comparative advantage

Explanation:

Comparative advantage in finance is crucial for production because it helps nation to manufacture their goods with low opportunity cost compare to their co- partner in that production line.

Production which is an essential aspect in economics is a process of turning raw materials into finished goods are very crucial in each nation of the world and for economic process to be completed.

It should be noted that When nations increase production in their area of comparative advantage and trade with each other, both sides can benefit from it.

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Answer: True

Explanation:

Diversifying a portfolio refers to investing in securities that either have a lower risk or risk that is not correlated such that the risk to the portfolio is reduced.

In this scenario, Juan is investing in different securities with varying risk levels so that the portfolio will not be completely wiped out if one security goes bust. To truly diversify his portfolio however, Juan should invest in more than other asset classes such as bonds

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3 years ago
What might labor unions bargain for
Rus_ich [418]
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Costco is able to keep costs down and offer low prices thanks to a no-frill shopping experience for its 64 million members. They
34kurt

Answer:

Costco is following Customer Oriented Strategy in the business.

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3 years ago
Please HELP! Will mark brainliest!!
kifflom [539]

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I would say safekeeping of employees and guests, as well as eliminating probable threats.

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7 0
3 years ago
Crador Corp. uses a process costing system in which direct materials are added at the beginning of the process and conversion co
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Answer: 62.5%

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