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.
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Answer:
d. have a bias in their interpretations of others' behaviors
Explanation:
- According to the Dodge's theory on the information processing the social problems that are associated with the aggressive children is that they wrongly interpret the behavior of the others as aggressive or hostile even when there is no such indications.
- <u>As Dodge said that its an individual cognitive process that he/she chooses to remain in a certain way through the information processing.</u>
Answer:
The Albany Movement aimed to end all forms of racial segregation in the city, focusing initially on desegregating travel facilities, forming a permanent biracial committee to discuss further desegregation, and the release of those jailed in segregation protests.
Explanation:
When a scientist is performing genetic tests in order to identify a specific individual they use specific markers that are found in the short-tandem repeat section of the DNA sequence. These regions are the most variable among the individuals that belong to the same species, therefore they are the best choice for trying to identify a specific individual.
The more markers they use, they can be more certain that this is a specific individual, in our case an elephant.
Answer:
What economic incentives were open to settlers who moved out west>
A) Raids by Native Americans from that area on the wagon trains moving through the territory.
B) Western Land offered at lower prices or free by the US government.
C) Opportunity to sail to foreign lands.
D) Opportunity to move into Mexico.
Explanation:
