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Serggg [28]
3 years ago
12

When nations increase production in their area of _________________ and trade with each other, both sides can benefit.

Business
1 answer:
Marina86 [1]3 years ago
4 0

Answer:

comparative advantage

Explanation:

Comparative advantage in finance is crucial for production because it helps nation to manufacture their goods with low opportunity cost compare to their co- partner in that production line.

Production which is an essential aspect in economics is a process of turning raw materials into finished goods are very crucial in each nation of the world and for economic process to be completed.

It should be noted that When nations increase production in their area of comparative advantage and trade with each other, both sides can benefit from it.

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When following corporate ethics, you are proving that you are following your company's ethics and expectations of appropriate behavior.

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Hope this clears things up.

Good Luck.

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