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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.

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MrRa [10]

Answer:D.None of the option is correct, the correct answer is Buy; savings=$203,000

Explanation:

The firm will Incurred the total fixed overhead it decides to make.

The total cost of making 6000 units is $163*6000=$978,000

The total cost of buying is $144*6000= $864,000 and when we deduct $89,000 to be saved from fixed overhead by buying we have a total cost of( $864,000-$89,00) =775,000.

This invariably means the company will save ($978,000-$775,000) which is equal to= $203,000 by buying.

6 0
4 years ago
The price component of a marketing mix is:
Murljashka [212]

Answer: the correct answer is a. a competitive weapon for companies

Explanation:

Pricing has an important role as a competitive weapon to help a business exploit market opportunities. Pricing also has to be consistent with the other elements of the marketing mix, since it contributes to the perception of a product or service by customers.

7 0
3 years ago
Some hoodlums who have been earning money by stealing copper pipes and cable and selling them to recyclers are driving around on
icang [17]

Answer:

  • Yes they have
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Explanation:

With aviation being such a sensitive field that requires a lot of oversight, Congress enacted rules to punish aviation crimes which means that such crimes fall under Federal jurisdiction and as this crime is a crime against an aviation facility, it is a Federal crime.

The crime in question here falls under <em>US. Code 32 - Destruction of aircraft or aircraft facilities under subsection (a)3</em> which talks about damaging an air navigation facility and how this can endanger the safety of flights en route.

Their punishment would be either a fine, imprisonment of not more than five years or both.

4 0
3 years ago
A current loan balance is $118,000 on a 30-year loan at 7% interest, with a monthly payment of $831.63 for principal and interes
shusha [124]

Answer:

$143.30

Explanation:

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Monthly interest         = $8,260/12

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6 0
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Answer:

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7 0
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