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otez555 [7]
3 years ago
8

Which theory suggests that a country should export those goods and services for which it is more productive than other countries

and import those goods and services for which other countries are more productive?
Business
1 answer:
pogonyaev3 years ago
7 0

Answer:

The theory of absolute advantage

Explanation:

The theory of absolute advantage is a quantity-based approach to measuring the productivity of nations with respect to their output in international commercial dealings.

The theory was an Adam Smith's submission that emphasizes that nations of the world should specialize in producing goods and services that they are most productive.

The theory failed to address a major problem that in gaining a benefit another alternative benefit is lost,hence  nations should also factor in the benefits they lose when they specialize in producing certain products.

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Approximately what is the expected dollar rate of return on euro deposits if today's exchange rate is $1.18 per euro, next year'
noname [10]

Answer:

Dollar rate of return = 15.5%

Explanation:

<em>The expected dollar rate would be the dollar equivalent of the future value of the Euro deposit converted at the exchange rate applicable in a years tim</em>e .

The following steps would suffice

<em>Step 1: Future value of 1 Euro</em>

Future value of 1 Euro at 5% p.a = 1.05 Euro

<em>Step 2: Dollar equivalent of the Euro future value</em>

The Dollar equivalent of 1.05 Euro = 1.05× 1.10=1.155

<em>Step 3: The Dollar rate of return</em>

Dollar rate of return = Future value of deposit($)/initial deposit - 1

                                = (1.155/1) - 1 × 100

                               = 15.5%

Dollar rate of return = 15.5%

4 0
3 years ago
S.<br> Economics<br> Explain the term "Budget"
nadya68 [22]
Budget means basically like you have a only a certain amount of money you can use, for example. “I have a 50$ budget” this means that I can only spend up to 50$ on that certain thing.
5 0
4 years ago
What statement best describe why economies must made these decisions
Slav-nsk [51]
Financial situation and minster decided economic reform
7 0
4 years ago
One objective of affirmative action plans is to _____.
jonny [76]

Explanation:

avoid diversity in the makeup of the workforce

7 0
3 years ago
A person receives defective title to a property. The grantor of the title later cures the defect and tries to reclaim the proper
Scrat [10]

Answer:

(D) estoppel.

Explanation:

According to my research on Real Estate documentation, I can say that based on the information provided within the question the doctrine that may prevent the grantor from succeeding in reclaiming the property is called an estoppel. This is a legal document that prevents someone from arguing something against a previously made claim or act performed by that person previously.

I hope this answered your question. If you have any more questions feel free to ask away at Brainly.

7 0
4 years ago
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