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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:

Maria is considered to be an Dependent.

Explanation:

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According to TAX rules:

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Answer:

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3 years ago
Sandhill Inc. has the following information related to an item in its ending inventory. Packit (Product # 874) has a cost of $76
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Answer:

$64

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Ceiling LCM = Estimated selling price - Cost to disposal or NRV ($68)

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So, second condition is satisfied.

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Lower of cost or market rate is $64

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