Answer: Option (C) is correct.
Explanation:
A country has a comparative advantage in producing a commodity if the opportunity cost of producing that good is lesser in that country as compared to the other country.
From the information given in the question, it is clear that Alphaland has a comparative advantage in axes and Betaville has a comparative advantage in batons.
Hence, Alphaland will trade axes for batons only if the price of batons is lower than the cost of producing it in Alphaland. So that there is a possibility mutually beneficial trade.
Answer:
<u>the World Bank</u>
<u>Explanation:</u>
The <u>World Bank</u> is an international financial institution that monitors the financial activities of most countries. Regional economic data collection is done by means of a World Bank initiative called the International Comparison Program.
An example of this economic data collected is the gross domestic product (GDP) of the regions.
Ikea has core business values such as consciousness, constant desire for renewal, and accepting and delegating responsibility.
<h3>What are the core values in a company?</h3>
The fundamental values of a company are the purposes that guide the attitudes of all members of the company. Additionally, these values are related to the common objectives, mission and vision of a company.
In the case of Ikea, it is a company that emerged in Sweden that has led the market for the sale of furniture and other household items that has stood out for its business values.
Among the most outstanding values of Ikea are:
- Togetherness
- Caring for people and planet
- Cost-consciousness
- Simplicity
- Renew and improve
- Different with a meaning
- Give and take responsibility
- Lead by example
Note: This question is incomplete because the options are missing. Here are the options:
A. Core values.
B. Missions.
C. Strategies.
D. Competencies.
E. Competitive Advantages.
Learn more about Ikea in: brainly.com/question/13991097
Answer:
Dr supplies expense $4,100
Cr supplies $4,100
Explanation:
Supplies used in the year needs to be ascertained before any adjusting entry can be posted.
Supplies used=beginning supplies+purchases-ending supplies
beginning supplies is $3,690
purchases of supplies was $1,700
ending balance of supplies was $1,290
supplies used=$3,690+$1,700-$1,290=$ 4,100.00
The used portion of supplies would be debited to supplies expense while supplies inventory is credited with the same amount.
Answer:
The Hi-Stakes Company
a. If the direct exchange rate increases, the dollar strengthens relative to the other currency.
b. If the indirect exchange rate increases, the dollar also strengthens relative to the other currency.
Explanation:
When the exchange rate increases, it means that more of the other currency is required in order to embark on importing and exporting transactions. However, the increases will weaken the ability of the importing currency to afford the dollar-based goods, which have then being made more expensive.
