1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Len [333]
3 years ago
11

How can the law of comparative advantage be applied to Country A and Country B? Both countries should produce petroleum and seaf

ood. Both countries should produce petroleum. Country A should produce seafood, and Country B should produce petroleum. Country A should produce petroleum, and Country B should produce seafood.
History
2 answers:
ICE Princess25 [194]3 years ago
7 0
<span>D:</span><span>Country A should produce petroleum, and Country B should produce seafood.</span>
german3 years ago
6 0

The fourth alternative is correct (D).

The Theory of Comparative Advantages aims to explain the commercial and economic principles on contemporary international trade between two countries. Analyzing reasons of productivity, absolute costs of production, adjustment of demands and manufacture of goods, the theory explains shows the advantages and disadvantages of specialization in a good for a country.

Basically, the copulative advantage relates to efficiency, respect, and the advantage that a country possesses by being able to produce something in which it is specialized. This makes the country capable of offering a particular product or service in an extraordinary, efficient and advantageous way - especially when compared to other countries.

Thus, the theory suggests that countries should specialize in the production of goods where production is efficient for themselves and for export, while importing the goods that other countries produce more efficiently. In the case above, country A is more efficient in producing oil and country B is more efficient in seafood.

You might be interested in
The 2nd amendment was added to the constitution to protect _______
Alex787 [66]
The right to bear arms
3 0
4 years ago
Read 2 more answers
What do the slums stand for and how did they threaten democracy
Alenkinab [10]
Slums are areas with high poverty and low prospect of success or development. People from them usually have extremely low incomes and lack education because of this. They threaten democracy because they cannot participate in the democratic process in the same manner that other areas can because they lack public participation and education and similar things that help democracy thrive.
7 0
3 years ago
No freeman is to be taken or imprisoned or disseised of his free tenement or of his liberties or free customs. . . . To no-one w
Svetlanka [38]
DUE PROCESS

This part of the document granted people the right to due process.
5 0
3 years ago
Read 2 more answers
In Texas, state judges are elected by the voters. <br>A. True <br>B. False​
SVEN [57.7K]

Answer:

B. True

Explanation:

Texas State Judges are chosen by Partisan Elections.

8 0
3 years ago
How many sections are in township
NeX [460]

how many sections are in township

answer.

36 sections

5 0
3 years ago
Read 2 more answers
Other questions:
  • Why is King hopeful about the prospects for equal rights for black Americans? Give specific examples and reasons he mention to s
    15·1 answer
  • Which list shows the steps by which surface water can become groundwater?
    7·2 answers
  • According to karl marx, who would rise up and destroy the system?
    12·1 answer
  • A student writes a term paper about similarities and differences between Greek democracy during the classical era and U.S. democ
    12·2 answers
  • How did solider in WW1 adjust the gas mask that was rubbing agents their skin without exposing themselves to the gas
    10·1 answer
  • Which of these men was a Federalist who advocated for the establishment of a national bank to protect the country’s financial fu
    9·2 answers
  • What was the main purpose of the United States in helping form the Nash United Nations
    9·1 answer
  • BRAINLIEST IF U ANSWER THIS!-
    14·1 answer
  • Each numbered box is related to 2 other numbered boxes(some already filled in)
    7·1 answer
  • Where does the original constitution reference slavery.
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!