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
Which of the following best characterizes African peoples during the early modern period
olganol [36]

Answer:

Introduction of Western Hemisphere crops

Explanation: hope this helps

7 0
3 years ago
"It’s Your War, Too”
klasskru [66]

Answer:

A) Many Americans looked down on women soldiers.

Explanation:

I got it right

hope this helps

4 0
3 years ago
Read 2 more answers
Describe in 2 sentences about Ancient Greece's Government.
VLD [36.1K]

Answer:

The four most common systems of Greek government were: Democracy - rule by the people (male citizens). Monarchy - rule by an individual who had inherited his role. Oligarchy - rule by a select group of individuals.

Women didn't have much rights thought.

Explanation:

6 0
3 years ago
The baby boom includes the historical high birthrate years in the United States from 1900 to 1918
sveticcg [70]

Answer:

Not 1900-1918, but actually 1946–1964

Explanation:

The term "baby boom" most often refers to the post–World War II baby boom (1946–1964) when the number of annual births exceeded 2 per 100 women (or approximately 1% of the total population size). There are an estimated 78.3 million Americans who were born during this period.

Hope this helps :)

6 0
3 years ago
Read 2 more answers
What factor helped to worsen the great depression?
Zepler [3.9K]

Answer:

D. The Smoot-Hawley Tariff Act

Explanation:

Hope this is helpful!

3 0
3 years ago
Read 2 more answers
Other questions:
  • What is the significance of Micronesia? Or why is it important?
    15·1 answer
  • Please help me with this
    14·1 answer
  • PLEASE PLEASE PLEASE HELP. no one answered last time so i will repost it.
    10·1 answer
  • All living things are made of cells, except bacteria​
    11·1 answer
  • Guilds were established to protect the craftsmen.<br><br> True<br> False
    9·2 answers
  • Find the magnitude and direction of 27,
    15·1 answer
  • What were the goals of the Allies in Europe? Check all that apply.
    5·2 answers
  • Why did the church resist changes during the middle ages and the renaissance that contributed to the scientific revolution?
    10·1 answer
  • Drag each label to the correct location on the image.
    14·1 answer
  • How did the expansion of railroads affect American Indians in the West?
    11·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!