Answer:
Yes there would be a gain to the United States from importing any of those products from Britain because it only has absolute advantage not comparative advantage.
Explanation:
Absolute advantage in international trade is the ability of a nation to produce more goods with its resources without considering that there might a better alternative to which resources can be deployed that would yield more output compared to its trading partners.
While on the other hand ,comparative advantage is when a country has a lower opportunity costs in producing an item compared to its rival nations.
Which means the country that has comparative advantage is given up less opportunities when producing its desired goods viz-a-viz its competing nations.
In other words,absolute advantage does not guarantee efficiency,only comparative advantage does.
<span>Among the choices the one that best illustrates an achievement of classical Indian science is D, an astronomer demonstrates that earth moves in relation to the sun. Indian astronomy has a long history extending from pre-notable to current circumstances. A portion of the most punctual foundations of Indian cosmology can be dated to the time of Indus Valley Civilization or prior.</span>
Answer:
This picture shows one of the remaining engineering features built by the ancient Romans, an aqueduct. How did the Romans use this structure? <u><em>The aqueduct, an invention of the Romans, was used to move water to communities in need. </em></u>
Explanation:
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monks were known for writing literature
Answer:
It is hard to say how WW1 was to be prevented, because it was practically inevitable, but if we have to choose two ways is by preventing nationalism in the countries and also by stopping imperialism.
Explanation:
Nationalism was to be prevented by allowing certain nations more rights. For example, in Austria-Hungary there were many nations who were not treated as equal to the Austrians and Hungarians. That especially relates to Slavic people. If they gave them more autonomy, more rights... they wouldn't rebelled and at the end maybe assassination of Franz Ferdinand could be prevented.
On the other side, question of imperialism was even worse. All countries wanted more territory and resources and they quarreled about it.
One of the solution was to prevent imperialism by allowing independence of certain countries, that were living under regimes of European countries.
