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Andrews [41]
3 years ago
5

A comparative advantage is the ability of a country to produce a particular good or service at a lower ____________ than another

country. a. opportunity cost b. production cost c. absolute advantage d. manufacturing advantage Please select the best answers from the choices provided. A B C D
Business
1 answer:
kotykmax [81]3 years ago
5 0

Answer

Hi,

Correct answer option is {a}

Explanation

Comparative advantage occurs when a nation produces a good or service for a lower opportunity cost than other countries. In this case, the advantages of buying their goods or services will surpass the disadvantages. This is to say that country may not be the best nation in production of a particular good or service but the good or service offers a low opportunity cost for other nations to import. A good example is oil-producing nations who have a comparative advantage in chemicals because the oil is locally produced thus a cheap raw material for chemicals as compared to nations without oil production.

Best of Luck!

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They can use credit in emergencies. A form must be filled out when someone is hired for a job to determine how much income tax will be withheld.

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3 years ago
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Dafna1 [17]

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$3,850

Explanation:

Calculation to determine What amount will be recognized as accounts receivable, net on the balance sheet as of November 30

Using this formula

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Let Plug in the formula

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3 years ago
Identify a mechanism that allows employees to report wrongdoing and to create further mechanisms for follow-up and enforcement.
adelina 88 [10]

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Ethics Hotlines

Explanation:

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3 years ago
Read the following descriptions of several different environments. Based on the information given, sort each environment into th
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Have been mechanical weathering to prevail.

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6 0
3 years ago
A 4.9 percent corporate coupon bond is callable in 10 years for a call premium of one year of coupon payments. Assuming a par va
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Answer:

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Data given in the question

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4 0
3 years ago
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