Answer:
C. Population Shrinkage
Explanation:
Population refers to the total number of people ocuppying a place or an area at a particular time.
Population shrinkage refers to a situation where total population of a country drops due to death or when people than are born.
It follows that the population of a country experiencing population shrinkage is mostly found in eastern Europe like Ukraine. This gives concern to the governments of the countries involved thereby enabling them to focus more on the well being of their people thus increases economic growth.
The theory of comparative advantage is credited to David Ricardo.
<h3>What is Ricardo's theory of comparative advantage?</h3>
In economics, a comparative advantage occurs when a country can produce a good or service at a lower opportunity cost than another country.
The theory of comparative advantage is attributed to political economist David Ricardo, who wrote the book Principles of Political Economy and Taxation (1817).
Comparative advantage is a key principle in international trade and forms the basis of why free trade is beneficial to countries.
Eg; Consider two countries (China and the UAE) that use labor as an input to produce two goods: wine and cloth.
In China, one hour of a worker’s labor can produce either 5 cloths or 10 wines.
In the UAE, one hour of a worker’s labor can produce either 20 cloths or 15 wines.
The UAE enjoys an absolute advantage in the production of cloth and wine.
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The *limbic system* is faster than that of the *prefrontal cortex*
The PICTA came into force as of 2003 when 6 member countries of the Forum of the Pacific Helases signed and ratified the pact in their different governments. The main objective of PICTA is free trade among the 14 nations that make up the Forum.
In 2006, the PACIFIC AGREEMENT ON THE RELEVANCE OF ECONOMIC RELATIONSHIPS comes into effect, this agreement allows to celebrate free trade agreements between the member countries and an external state, with the following reservation: only Australia and New Zealand will be able to deal directly with external states. The rest of the member countries can only sign a treaty, after consulting Australia and New Zealand. The agreement in general allows all the products produced in the member countries to have the same value and to be sold relatively easily abroad.
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