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3 years ago

PLEASE HELP!

Business

2 answers:

Volgvan3 years ago

8 0

Answer:

1. comparative advantage

2. balance of payments

Explanation:

The comparative advantage is when a country is able to produce goods at a lower opportunity cost than another country. So, a nation's ability to produce a product more efficiently than another country is referred to as comparative advantage.

The balance of payments is a record in which all the financial transactions between a country and all the other nations in a specific period of time are registered. According to this, the difference between money paid to, and received from, other nations in trade is the balance of payments.

qwelly [4]3 years ago

7 0

It should be comparative advantage or D.

Hope this helps :p

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