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
Lunna [17]
3 years ago
11

Assume, for Vietnam, that the domestic price of textiles without international trade is higher than the world price of textiles.

This suggests that, in the production of textiles
a. other countries have a comparative advantage over Vietnam and Vietnam will import textiles.
b. Vietnam has a comparative advantage over other countries and Vietnam will export textiles.
c. Vietnam has a comparative advantage over other countries and Vietnam will import textiles.
d. other countries have a comparative advantage over Vietnam and Vietnam will export textiles
Business
1 answer:
nikitadnepr [17]3 years ago
8 0

Answer:

a. other countries have a comparative advantage over Vietnam and Vietnam will import textiles.

Explanation:

A country has comparative advantage if it produces a good or service at a lower opportunity cost when compared to other countries.

The price of textile in Vietnam is higher when compared with other countries, this shows that Vietnam doesn't have a comparative advantage in the production of textile.

Vietnam should import textiles and use its resources to produce other goods for which it has a comparative advantage.

I hope my answer helps you.

You might be interested in
Provides​ house-sitting for people while they are away on vacation. Some of its customers pay immediately after the job is finis
GalinKa [24]

Answer:

a. $1,000 will be recognized as service revenue using the cash basis.

b.  $2,400 ($1000 plus $1400) will be recognized as service revenue using the accrual basis.

Explanation:

Given that as of the end of the​ year, Peaceful Home has collected $ 1,000 from​ cash-paying customers while Peaceful Home ​'s remaining customers owe the business $ 1,400.

Revenue to be recognized using;

  • Cash basis

$1,000 will be recognized as service revenue using the cash basis.

  • Accrual basis

On accrual basis, revenue is recognized when the service has been provided irrespective of whether cash has been collected or not.

A total of $2,400 ($1000 plus $1400) will be recognized as service revenue using the accrual basis.

7 0
3 years ago
​business-to-business marketers will sometimes promote their goods directly to consumers. this is because business demand is​ __
MrMuchimi
The request ought to be Derived Demand. This is a term utilized as a part of the financial investigation that portrays the request put on one great or administration because of changes in the cost for some other related great or administration. It is an interest for some physical or immaterial thing where a market exists for both related products and ventures being referred to. The determined request can significantly affect the inferred great's market cost.
3 0
3 years ago
Which of the following is not one of the four basic financial statements?
TEA [102]

Answer:

A revenue statement is not a basic financial statement.

5 0
2 years ago
Why do many companies find that providing employees a comprehensive benefits package that includes insurance, retirement investm
mash [69]

Answer: Few employers believe that offering employee benefits is a worthwhile or cost-effective strategy for attracting and retaining the best employees

Explanation:

Several companies find that providing theye workers a comprehensive benefits package which consist ofinsurance, retirement investment and other benefits is worth the cost associated because it helps them retain and also attract their best staffs.

When employees are given the required support needed and given work related benefits, this is usually source of motivation to the employees and can help bring out the best in them.

8 0
2 years ago
Which is the main force behind the decisions made by producers in a free-market society?
marysya [2.9K]
The profit motive

Hope this helped!
STSN
7 0
3 years ago
Read 2 more answers
Other questions:
  • Do applications require you to provide the following basic elements: social security number, experience, and favorite memories?
    13·2 answers
  • Who focuses on project interdependencies and helps to determine the optimal approach for managing and realizing the desired bene
    12·1 answer
  • . The organizers of a conference in the Houston Convention Center are evaluating the possibility of setting up a computer area w
    6·2 answers
  • Which approach to lessons learned helps identify most of the lessons learned on a project
    7·1 answer
  • G.R. Dry Foods Distributors specializes in the wholesale distribution of dry goods, such as rice and dry beans. The firm’s manag
    5·1 answer
  • Backed by the U.S. government, these financial instruments are short-term debt obligations with a maturity of less than one year
    10·2 answers
  • On the balance sheet, the lease liability is measured as ________. B) the present value of the lease payments less the present v
    9·1 answer
  • Last month Brent lost his job at the auto parts factory because his factory, like many others, relocated to Asia. Brent has been
    15·1 answer
  • Transactions that affected Barter Company’s stockholders’ equity during 2015, the first year of operations, follow.
    11·1 answer
  • 10 properties of relationship marketing
    6·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!