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andre [41]
3 years ago
15

The existence of trade for country that has developed an expertise or reputation for quantity in the production of a particular

good is best explained by
Business
1 answer:
4vir4ik [10]3 years ago
5 0

The existence of trade for country that has developed an expertise or reputation for quantity in the production of a particular good is best explained by <u>"acquired comparative advantage".</u>


A few business analysts make a distinction among natural and acquired comparative advantages. A natural comparative advantage exists inside a nation that has regular assets that are required to create an item, while a procured near favorable position is the favorable position picked up by an individual or a nation by investing a great deal of energy or assets delivering an item. For example, Saudi Arabia has a a natural comparative advantage with its tremendous stores of oil. (Saudi Arabia additionally has an outright favorable position in oil, since the expense of its extraction is not exactly somewhere else.) Since Saudi Arabia has couple of different assets, without exchange, it would be amazingly poor; in view of exchange, it is to a great degree affluent. Japan, then again, has couple of normal assets, yet it has an acquired comparative advantage in its assembling and business know-how, which it has created throughout the years.

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Dehner Corporation uses a job-order costing system with a single plantwide predetermined overhead rate based on direct labor-hou
Butoxors [25]

Answer:

$5625.60

Explanation:

number of units produced =50 units

direct labour hours 100

direct materials $ 680

Direct labor cost $ 7,000

The unit product cost for Job P951 is;

Direct materials = $ 680

Direct labor cost $ 7,000

variable manufacturing overheads $ 6.00*100=600

total fixed manufacturing overheads= $ 273,000

total costs=$(680+7000+600+273000)=$281,280

unit product cost=$28,1280/50

=$5625.60

5 0
3 years ago
An examination of the Ricardian model of comparative advantage yields the clear result that trade is (potentially) beneficial fo
Zarrin [17]

Answer:There are gains from trade but the distribution of these gains may not be the same for everyone

Explanation:There are some correlation between economic growth and trade.

Global economics intergration may be a potential factor that causes trade to affect economic growth positively.

When there is global intergration companies learn to adopt new technologies and those which doesn't may phase out ,dynamic firms which can export to the world experience an increase in demand and this lead to these companies gaining the advantage of operating on larger scale where price per unit product becomes lower. This means the company isnt restricted to their country of origin.

They can also lean and be innovative as they obtain more experience from exposures to certain technologies and adopt those technologies and certain standards that make these company compete efficient.

5 0
3 years ago
What is a secured loan
Anon25 [30]
" A secured loan is, a loan in which borrower pledges some asset as calateral for the loan, which them becomes a secured dept owned to the creditor who gives the loan."
8 0
3 years ago
Read 2 more answers
Lisa agrees to sell Deb an electronic entertainment center worth $1,000 for $700 in order to have a rapid sale. Later Lisa insis
klemol [59]

Lisa agrees to sell Deb an electronic entertainment center worth $1,000 for $700 in order to have a rapid sale. Later Lisa insists that she may rescind this agreement since the agreed price was 30% below fair market value. Lisa may not rescind since Lisa and Debbie freely agreed.

A trade show for the video game industry is called E3. For the purpose of introducing and publicizing new games and game-related items to retailers and the media, the Entertainment Software Association organizes and presents E3, which is attended by a large number of developers, publishers, hardware, and accessory makers.

Internet-based entertainment that a user can view or hear: We anticipate that increased access to broadband will open up e-commerce and entertainment to everyone.

Learn more about Entertainment Software Association  here brainly.com/question/13615489

#SPJ4

6 0
1 year ago
How does Lincoln honor the battle of Gettysburg in his address? What did the soldiers fight for in his opinion?
Pani-rosa [81]

Answer:

a. He honors the battle in his address using the following words, ''Now we are engaged in a great civil war, testing whether that nation or any nation so conceived and so dedicated, can long endure. We are met on a great battle-field of that war.''

b. In his opinion the soldiers fought for freedom, equality and human rights.

Explanation:

The Gettysburg address was a short speech made by Abraham Lincoln on November 19, 1863 at the official dedication ceremony in Pennsylvania at the site of the battle field after the civil war. It was a declaration of freedom and independence and further cemented the soldiers sacrifice for equality and human rights.

He honored the battles by reiterating that the sacrifice made by the soldiers will not be in vain. This he does by saying that the soldiers themselves whether alive or dead have already consecrated the ground of battle and no further addition or detraction is needed. This meant that the battles itself was proof enough that the nation was ready for independence and justice.

Additionally, he also stated that the soldiers fought for freedom and the government for the people, by the people and of the people. This in other words means that the soldiers fought for democracy, where everyone is equal under the law. That equality and justice is the foundation upon which this newly independent nation has been built.

6 0
3 years ago
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