Answer:
- absolute
- cost of raw materials
- exportation of goods
- impossible
Explanation:
To have an absolute advantage means to be able to produce more using the same resources. To have_absolute_______ advantage means to have a lower___production/resource cost____.Comparative advantage is the basis for_exportation of goods_____. It is__impossible______for one producer to have a comparative advantage for every good.
If a producer is producing more using the same resources, that means he has the benefit of obtaining the raw materials at a lower cost.
Comparative advantage is the basis for exportation of goods because producers or countries focus on exporting products that give them comparative advantage, so as to make foreign earnings.
It is impossible for one producer to have comparative advantage for every good.
Answer:
C) The second approach, because it takes into account the relative costs for each country.
Explanation:
Living in poor developing nations is much cheaper than living in very rich developed nations, at least for the vast majority of the population. For example, a small house in Japan or Switzerland costs several hundreds of thousands of dollars, while a similar house in Pakistan or Paraguay will cost only a few teds of thousands of dollars.
The purchasing power parity tries to account for these differences in living expenses using the US dollar as the base currency, and in this case the Ghanaian oedi's value will be adjusted (receive higher value) to compensate for the lower cost of living in Ghana.
False, since higher prices pushes away consumers but lower prices increases consumers.
Answer:
The correct answer is letter "A": Ethical leadership.
Explanation:
Ethical leadership implies managers of an organization respecting the norms and values necessary to develop a healthy atmosphere at work. Top executives are in charge of promoting respect among coworkers, inspire trust by their actions, honesty at the moment of providing information to subordinates, consideration in front of problems among employees, and fairness to solve issues impartially.
