Answer:
Some of the gains from trade shift to Portugal.
Explanation:
The law of comparative advantage describes how agents produces more of and consumes less of a good for which they have a comparative advantage in. Agents have a comparative advantage if they produce a good at a lower marginal cost prior to trade. Contrary to it, agent has an absolute advantage if they produce a good more productively, or more quantity of goods for a less amount of resources.
In this example, if the price of doormat increases to 5 hats per doormat, Spain will have to produce hats to get 1 doormat. Contrary to it, Portugal will get more hats for producing the same amount of doormats as before.
So, to conclude, Portugal will gain from this trade.
Answer:
I would continue to live in a capitalist country. Living in this kind of country allows me to have unlimited career opportunities, and live in freedom.
The correct answer is letter D
Critical thinking consists of analyzing and evaluating the consistency of reasoning, especially the statements that society considers to be true in the context of everyday life.
This evaluation can be carried out through observation, experience, reasoning or the scientific method. Critical thinking requires clarity, precision, fairness and evidence, since it aims to avoid particular impressions. In this sense, it is related to skepticism and the detection of fallacies.
The answer is A) Unemployment. If they get to little of a pay, and minimum wage, that can deeply affect their job. They need money to stay in business and work.
Answer:
All of Africa below the Sahara practiced hunting and gathering until approximately 3000 BCE. ... It is the same reason why tons of megafauna still exist in Africa, whereas ... Africa is a beautiful and diverse continent, but it also contains many ... From 3000 BCE to 1000 BCE, the practice of farming spread across West Africa.
Explanation:
