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
solniwko [45]
3 years ago
11

The theory of comparative advantage Multiple Choice claims that economic well-being is enhanced if each country's citizens produ

ce only a single product. claims that economic well-being is enhanced when all countries compare commodity prices after adjusting for exchange rate differences in order to standardize the prices charged all countries. claims that economic well-being is enhanced if each country's citizens produce that which they have a comparative advantage in producing relative to the citizens of other countries, and then trade production. claims that no country has an absolute advantage over another country in the production of any good or service.
Business
1 answer:
sergij07 [2.7K]3 years ago
4 0

Answer:

The correct answer is letter "C": claims that economic well-being is enhanced if each country's citizens produce that which they have a comparative advantage in producing relative to the citizens of other countries, and then trade production.

Explanation:

Comparative advantage is an advantage that an individual, organization o country has that allows them to produce at lower opportunities costs compared to competitors. This scenario does not mean the individual or organization has an absolute advantage over their business rivals.

If individuals of a country would concentrate ton producing that at which they have a comparative advantage compared to other countries so they can exchange the output with other nations., they would lead their country to success.

You might be interested in
Suppose a consumer has an income of $16, the price of a is $2, and the price of b is $1. which combination is on the consumer's
Crazy boy [7]

The combination is on the consumer's budget line. is Option B. 5A and 6B.

The budget line is a graphical delineation of all possible mixtures of the 2 commodities that can be bought with provided profits and price in order that the charge of each of these combos is equal to the financial income of the patron.

In economics, a budget line constraint represents all of the mixtures of products and services that a customer may also buy given modern-day expenses within his or her given earnings. consumer idea makes use of the principles of a budget constraint and a desire map as equipment to observe the parameters of purchaser choices.

A consumer has an income  = of $16

A = $2

B = $1

The sum of the total will be less than $16

Hence. option B  5A and 6B.

Learn more about the budget line here:-brainly.com/question/14524034

#SPJ4

Disclaimer: your question is incomplete, please see below for the complete question.

A. 6A and 5B

B. 5A and 6B.

C. 5A and 5B

D. 4A and 6 B

5 0
2 years ago
Which phrase best describes a capital gain? an increase in the amount of capital a firm uses in production an increase in the va
rewona [7]

Answer:

An increase in the value of an asset

A portion of profits paid back to shareholders

Explanation:

Capital gain can be defined as a rise in the value of a capital asset (which could be investment or real estate) that facilitates a higher worth than the original purchasing price.

Dividend can be defined as a distribution of profits by a certain corporation to its shareholders.

4 0
3 years ago
A Caterpillar tractor acquired on January 12 at a cost of $171,000 has an estimated useful life of 25 years. Assuming that it wi
Kay [80]

Answer and Explanation:

a. The computation of depreciation for each of the first two years by the straight-line method is shown below:-

Depreciation

= (Assets cost - Salvage value) ÷ Useful life

= ($171,000 - 0) ÷ 25

= $6,840

For First year = $6,840

For Second year = $6,840

It would be the same for the remaining useful life

b. The computation of depreciation for each of the first two years by the double-declining-balance method is shown below:-

First we have to determine the depreciation rate which is shown below:

= One ÷ useful life

= 1 ÷ 25

= 4%

Now the rate is double So, 8%

In year 1, the original cost is $171,000, so the depreciation is $13,680 after applying the 8% depreciation rate

And, in year 2, the ($171,000 - $13,680) × 8% = $12,585.60

7 0
4 years ago
Unlike consumer credit, trade credit does not involve the use of a
hammer [34]

Answer:

Trade credit means many things but the simplest definition is an arrangement to buy goods and/or services on account without making immediate cash or check payments. Trade credit is a helpful tool for growing businesses, when favorable terms are agreed with a business's supplier.

Explanation:

Trade credit allows businesses to receive goods or services in exchange for a promise to pay the supplier within a set amount of time. New businesses often have trouble securing financing from traditional lenders; buying inventory, for example, on trade credit helps increase their purchasing power.

3 0
3 years ago
What is a natural risk that businesses should consider when establishing their information-management procedures
sukhopar [10]
Data security issues such as: Information leaks, Breach of the GDPR law, hacking
4 0
3 years ago
Other questions:
  • Analysis of data management tools for diabetes self-management; can smart phone technology keep up?
    5·1 answer
  • Which is not a type of decision that can be made at the margin? whether or not to hire 100 new workerswhether or not to go on a
    5·2 answers
  • A general manager should: select one:
    10·1 answer
  • _____ refer(s) to the act of taking a job traditionally performed by a designated agent (usually an employee) and outsourcing it
    9·1 answer
  • Sarah has created a presentation to convince the executives at Sit Happens dog care, a regional chain of full service dog boutiq
    9·2 answers
  • Paris won a lawsuit against railroad, and was given a settlement check. the check somehow came to be in eddy's possession. eddy
    9·1 answer
  • g Let D1 represent the demand curve for premium seats to the Broadway hit Hamilton, and let S1 represent the supply curve for th
    14·1 answer
  • Your friend, Caitlyn, does not think it is important to review her monthly credit card statement. Instead, she just sets up an a
    11·1 answer
  • What states have the highest percent of their credit economy with prime credit scores?.
    11·1 answer
  • the emergent strategies are those strategies adopted in light of a thorough analysis of both external and internal environment o
    10·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!