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leonid [27]
3 years ago
9

When an economy relies on specialization, _______.

Business
1 answer:
crimeas [40]3 years ago
5 0

Answer:

The correct answer is letter "C": trade enables individuals to obtain the goods in which they do not have a specialization.

Explanation:

British economist David Ricardo (1772-1823) in his book "<em>Principles of Political Economy</em>" (1817) proposes countries should specialize in the production and export of products they are more efficient at. Then, those countries could obtain the products they are deficient in manufacturing importing them from more efficient nations. With this idea, Ricardo was establishing the basis of what is known today as "comparative advantage".

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The federal speedy trial act allows for the dismissal of charges when the prosecution does not seek indictment within ________ d
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The Speedy Trial Act of 1974 allows for the dismissal of charges when the prosecution does not seek indictment in 30 days of arrest, or within 70 days after indictment when a trial does not begin. The act has time limits for the completion of different stages of a federal criminal prosecution. 

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3 0
3 years ago
When can a bank repossess someone's car?
Marysya12 [62]

Answer:

A. when the owner defaults on the loan payment

6 0
2 years ago
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Are there any special fees or interest rates, or both for Chash Advances and Balance Transfers?Explain.​
jek_recluse [69]

Transfers Transfer payments.

Specialization Limiting production to fewer goods and services than consumed, perhaps those whose production entails lower opportunity cost.

3 0
3 years ago
5. A man has $ 10,000 to invest. He invests $ 4000 at 5 % and $ 3500 at 4 %. In order to have a yearly income of $ 500, he must
Len [333]
6.4%

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2 years ago
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A buyer agrees to purchase real property by making monthly payments to the seller and then receiving a deed at a later point in
slamgirl [31]

A buyer agrees to purchase real property by making monthly payments to the seller and then receiving a deed at a later point in time. such an agreement is known as a/an purchase-money mortgage.

What is purchase-money mortgage?

A purchase-money mortgage is a mortgage that the seller of home issues to the borrower as part of the sale of the property. This is typically done in circumstances where the buyer is unable to qualify for a mortgage through conventional banking channels. It is also known as seller financing or owner financing. In circumstances when the buyer is taking over, the seller's mortgage, and seller financing makes up the difference between the mortgage's outstanding balance and the property's sales price, a purchase-money mortgage may be employed.

What is one of the disadvantages of the purchase money mortgage?

One drawback is that you are still, and will continue to be, the home's legal owner. In the event that those buyers turn out to be dishonest, you can be left with damaged properties. Another drawback is that it could be challenging to evict or foreclose on a buyer who defaults on a loan.

Learn more about purchase-money mortgage: brainly.com/question/20711780

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7 0
1 year ago
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