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kherson [118]
3 years ago
8

When was the Fair Labor Standards Act (FLSA) established?​

Business
1 answer:
Snezhnost [94]3 years ago
6 0

Answer:

The Fair Labor Standards Act was established in 1938.

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Based on the international trade concept, comparative advantage is the ability to produce goods at a cheaper cost than competitors, and it is important in international trade because it enhances resource allocation.

<h3>What is Comparative Advantage?</h3>

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<h3>Importance of International trade</h3>
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Hence, in this case, it is concluded that comparative advantage is beneficial to countries when it comes to production in international trade.

Learn more about Comparative Advantage here: brainly.com/question/12291750

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