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
gulaghasi [49]
3 years ago
6

As the United States has opened up to trade, it has lost many of its low-skilled manufacturing jobs, but it has gained jobs in h

igh-skilled industries, such as the software industry. Explain whether the United States as a whole has been made better off by trade.
Business
1 answer:
lakkis [162]3 years ago
3 0

Answer:

The United States has been made better off by trade. International trade benefits all countries, because the winners are more numerous than the losers.

While it is true that some manufacturing jobs have been lost due to globalization, it is also true that many more jobs have been gained, specially in the service sector, some of them being well better paid than previous manufacturing jobs.

The reason why all countries gain from international trade is that international trade allows each country to specialize in what they do best, something that is known as comparative advantage.

You might be interested in
When new entrants into a competitive market have higher costs than existing firms, A. sunk costs become an important determinant
marshall27 [118]

Answer:

C.

Explanation:

When new entrants into a competitive market have higher costs than existing firms, market price will rise.

5 0
3 years ago
Consider this scenario. During the early 2000s, the Midwestern United States experienced a drought, or lack of rainfall. This ru
Nikitich [7]
A. increase the price of tortillas
3 0
3 years ago
Read 2 more answers
Early in 2022, Stevenson Incorporated switched to a JIT (just-in-time) inventory system. Financial information for the two most
gregori [183]

Answer:

3.8 times

Explanation:

Inventory turnover indicates how many times a company sells and replaces its stock of goods during a particular period. The formula for inventory turnover ratio is the cost of goods sold divided by the average inventory for the same period.

$ 320,000 / 63,000 = 5.1 times in 2022

$283,500 / 32,000 = 8.9 times in 2023

Therefore inventory turnover increase as a result of the switch to the JIT system by 8.9 times - 5.1 times = 3.8 times

5 0
3 years ago
The properly marked source document states:
Mariana [72]

Answer:

B. Contained in

Explanation:

Base on the scenario been described in the question, the concept that is used to derivatively classify the statement in the new document is contained in

Contained in can be said to a classified statement in a new document

4 0
3 years ago
Clearing House Interbank Payment System (CHIPS) is an organization that provides secure communication for contracts, invoices, a
lakkis [162]

Answer:

the spleen

Explanation:

3 0
2 years ago
Other questions:
  • One of the most __________ things in a disaster recovery plan and in the selection of the disaster recovery site location select
    13·1 answer
  • Match each situation below to two applicable reasons that require an adjustment to be made.
    15·1 answer
  • Vernon, the chief human resources officer at a consultancy firm, prepares a plan formally detailing the dos and don'ts of the co
    6·2 answers
  • nventory records for Marvin Company revealed the following: Date Transaction Number of Units Unit Cost Mar. 1 Beginning inventor
    8·2 answers
  • Suppose we changed the units of the tuition variable, so that the new tuition variable is now simply measured in dollars rather
    14·1 answer
  • "Firms in the monopolistically competitive movie industry face excess capacity. This means that there are ________ movies than t
    9·1 answer
  • If you get equity funding for your business, what will you have to do?
    13·1 answer
  • Max is considering an investment proposal that requires an initial investment of $91,100, has predicted cash inflows of $30,000
    13·1 answer
  • A company reports the following income statement and balance sheet information for the current year:
    7·2 answers
  • What options are available on the Group, Sort, and Total pane? Check all that apply.
    7·2 answers
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!