All categories

3 years ago

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

Claudia, a researcher, conducted a survey in Spain. She wrote her report in Spanish. However, she wants to publish her findings

Fed [463]

Answer:

Translational equivalence

Explanation:

Translational equivalence -

It refers to the resemblance in the word in a particular language with its translation in other language , is referred to as translational equivalence .

The similarity can lead to any confusion or problem and hence , from the question ,

Claudia hires a translator of both the languages i.e. , english and spain , in order to avoid the problem of Translational equivalence .

Hence , the correct answer is Translational equivalence .

3 0

3 years ago

Lawn Innovation is a company that designs and manufactures lawn equipment. The company wants to create a new multipurpose tool t

Fofino [41]

Answer:

The correct answer is letter "B": marketing research.

Explanation:

Marketing research is the study companies make before launching a product or service by which they gauge how successful could be the product in the market. The marketing research is the indicator that will determine if the goods will be produced or not. This study is also helpful at the moment of determining the target market of the firm and its scope, as well as the approximate price that consumers would pay for the product.

7 0

3 years ago

Suppose you are an operations manager for a plant that manufactures batteries. Give an example of how you could use descriptive

Tatiana [17]

Please find full question attached

Answer:

Inferential statistics

Descriptive statistics

inferential statistics

descriptive statistics

Descriptive statistics

Inferential statistics

Explanation:

Descriptive statistics describes data and gives us a picture of what the data summary looks like using such things as mean and central tendency measures. Inferential statistics on the other hand aims to make predictions using the data based on data analysis such as collecting sample from population and constructing hypotheses to estimate outcomes for the general population. Example in the question, the first is inferential statistics as we make generalized predictions on batteries using data samples from the population of batteries of a particular type.

7 0

3 years ago

Ferkil Corporation manufacturers a single product that has a selling price of $100 per unit. Fixed expenses total $225,000 per y

ahrayia [7]

Answer:

Break-even point in units= 6,500 units

Explanation:

Giving the following information:

Selling price per unit= $100

Fixed expenses total $225,000 per year

Break-even point= 5,000

Desired profit= $67,500

First, we need to calculate the contribution margin per unit:

Break-even point in units= fixed costs/ contribution margin per unit

5,000= 225,000 / contribution margin per unit

contribution margin per unit= 225,000/5,000

contribution margin per unit= $45

Now, we can determine the number of units to be sold:

Break-even point in units= (fixed costs + desired profit) / contribution margin per unit

Break-even point in units= (225,000 + 67,500) / 45

Break-even point in units= 6,500 units

4 0

3 years ago

Does my insurance cover anger management

vodomira [7]

Does my insurance cover anger management
Answer:
Since anger is a normal human emotion, it is not generally a covered healthcare benefit. Health insurance is designed to cover the examination and treatment of recognized medical/psychiatric illnesses.

4 0

3 years ago