1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
deff fn [24]
3 years ago
15

Which of the following are benefits of international trade?

Business
1 answer:
AURORKA [14]3 years ago
3 0

Answer:

Please find the detailed answer as follows:

Explanation:

International trade provides many benefits:

1. Technology differences, some countries are capital intensive and some are labor intensive. So the countries produce the good according to their intensivity. And export and import take place which is beneficial for the countries.

2.differentiated products.

When trade take place between the countries, then all the opportunity to consume different products. And countries produce their goods according to their labor and capital ratio and produce different variety of goods.

3.Specialisation in production

Countries specialise in the goods in which they have a comparative advantage.

You might be interested in
What does required fields mean someone please answer
Naddik [55]

required field means those are feilds or blanks that you have to answer

7 0
3 years ago
Read 2 more answers
It is important to know your own strengths and weakness. T or F I'm pretty sure its T but I wanna make sure-
stepan [7]

Answer:

True.

Explanation:

Environmental scanning is a management strategy that focuses on systematically acquiring informations about occasions, trends, events or patterns through surveys and analysis of these information in an organisation's external and internal environment. The informations acquired through environmental scanning is then used by the executive management in strategically planning the organisation's future and exploitation of available opportunities for the success of the organization.

The internal environmental scanning offers an organization strength and weakness while the external environmental scanning provides information about opportunities and threats.

Hence, it is important to know your own strengths and weakness because it would help in the decision-making process.

7 0
2 years ago
Inventory records for Dunbar Incorporated revealed the following: Date Transaction Number of Units Unit Cost Apr. 1 Beginning in
Effectus [21]

Answer:

The correct answer is B.

Explanation:

Giving the following information:

Apr. 1: Beginning inventory of 490 units for $2.16

Apr. 20: Purchase 420 units for $2.63

Dunbar sold 570 units of inventory during the month.

Under LIFO (last-in, first-out) method, the ending inventory is integrated by the first units incorporated into inventory.

First, we need to calculate the number of units in inventory:

Ending inventory in units= total units for sale - units sold

Ending inventory in units= (490 + 420) - 570= 340 units

Ending inventory ($)= 340*2.16= $734.4

7 0
3 years ago
What is $5.30 reduced by 10%
Yuki888 [10]
To get this answer you can simply move the decimal over one.

Or you can multiple 5.30 *0.10 = 0.53

So you can then subtract 0.53 from 5.30 to get the answer of:

$4.77
7 0
3 years ago
Read 2 more answers
How long does it take to become a​ millionaire? A ​$500,000 investment will hit​ $1 million in 39 years at an annual interest ra
Solnce55 [7]

Answer:

It will take 30.10 year

Explanation:

We have given initial investment $500000

Future value = $ 1 million = $1000000

Rate of interest r = 1.79 %

We have to find the time taken to reach the amount $1000000

We know that future value is equal to A=P(!+\frac{r}{100})^n

1000000=500000(!+\frac{1.79}{100})^n

2=(1.0179)^n

Taking log both side

log2=nlog1.0179

n×0.0077 = 0.3010

n = 39.09 year

Now in second case rate of interest

r = 2.34 %

So 1000000=500000(1+\frac{2.34}{100})^n

2=(1+\frac{2.34}{100})^n

2=1.0234^n

taking log both side

log 2 = n log 1.0234

n×0.01 = 0.3010

n = 30.10 year

8 0
3 years ago
Other questions:
  • A balanced scorecard approach creates goals in four key performance areas and assesses ________.
    14·1 answer
  • The SOC categorizes occupations according to _____.
    10·1 answer
  • For each of the​ following, describe some of the potential opportunity costs ​:1. Going home for Thanksgiving vacation. A. Time
    14·1 answer
  • Briefly explain whether you agree or disagree with the following​ statement: ​"Assets are things of value that people own. Liabi
    9·1 answer
  • On April 1, the price of gas at Bob’s Corner Station was $3.80 per gallon. On May 1, the price was $4.30 per gallon. On June 1,
    10·1 answer
  • the principal represents an amount of money deposited in a savings account subject to company interest...find how much money wil
    13·1 answer
  • In a housing market with no rent ceilings, the equilibrium rent is that for which the quantity of apartments demanded a. is grea
    9·1 answer
  • Acme industries, inc. is a family business founded by wile
    10·1 answer
  • Bank reconciliations
    8·1 answer
  • The three fundamental elements that motivate people to be fair are _____.
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!