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
liraira [26]
3 years ago
11

If the world price of textiles is higher than Vietnam’s domestic price of textiles without trade, then Vietnam Select one: a. ha

s a comparative advantage in textiles. b. should produce just enough textiles to meet its domestic demand. c. should import textiles. d. should refrain altogether from producing textiles.
Business
2 answers:
olya-2409 [2.1K]3 years ago
4 0

Answer:

has a comparative advantage in textiles.

Explanation:

Comparative advantage occurs when a particular country has the capability to produce a particular product at a lower cost than any other country.

If a country is capable of producing a particular product at a reduced cost this will lead to an increase in demand for such product thereby leading to an increase in the revenue.

Vietnam has a comparative advantage in the production of textiles because they are able to produce it at a low opportunity cost.

Tju [1.3M]3 years ago
4 0

Answer:

a. has a comparative advantage in textiles.

Explanation:

If the world average price of textiles is higher than the domestic price in Vietnam, it means that Vietnam has a comparative advantage in producing this good, because textiles are cheaper to make in Vietnam than in the average country of the world.

Textiles are cheaper to produce in Vietnam under this scenario either because labor is cheaper, capital is cheaper, or a combination of both. For this reason, Vietnam should produce more textile goods, in other to meet its domestic demand, and to export.

You might be interested in
assume the hd constructor company has a contract to construct a $4,500,00 bridge at an estimated cost of $4,000,000. the contrac
Nezavi [6.7K]

Answer:

hi guys I'm new here in the king of queens

6 0
2 years ago
Viet drives around and checks meters to document the amount of electricity used in homes. What Energy pathway is he a part of? E
Aloiza [94]

Answer:

he would be part of the energy distribution process

Explanation:

As Viet drives around and checks meters to document the amount of electricity used in homes since the electricity is distributed off  a power line into the house and then within the house by the wiring to the lights and the electrical outlets for usage by the inhabitants.

6 0
3 years ago
Read 2 more answers
Cash may not include:
wel

Cash may not include <u>accounts receivable</u>. The Option C is correct.

<h2>What is Cash?</h2>

Cash means a money in the physical form of currency such as banknotes and coins. In accounting, cash is a current assets comprising currency or currency equivalents that can be accessed immediately or near-immediately.

The amount of the adjustment for uncollectible accounts would be $14,060. The Option D is correct.

<h2>What is an uncollectible accounts?</h2>

An accounts uncollectible refers to those receivables, loans or other debts that have virtually no chance of being paid. An account may be called an uncollectible for many reasons such as debtor's bankruptcy, an inability to find the debtor, fraud on the part of the debtor or lack of proper documentation to prove that debt exists.

The adjustment for uncollectible accounts is computed as follows:

= (Accounts receivable * Rate of uncollectible accounts) - Allowance for uncollectible accounts

= ($246,000 x 6%) − $700

= $14,760 - $700

= $14,060

Read more about uncollectible accounts

brainly.com/question/20597051

#SPJ1

4 0
1 year ago
Avon, Tupperware, and Southwestern Company of Nashville are among companies in the multibillion-dollar ________ industry, which
Bas_tet [7]

Answer:

Direct Marketing

Explanation:

These companies and many more rely on selling door to door, using home sales parties, etc. They do not involve huge media campaigns. They are pretty much focused on their investments in advertising. Since they normally know better who are they're targetting.

6 0
4 years ago
Which agency can request that more money be printed?
Lubov Fominskaja [6]

Answer:

c

Explanation:

Watch the netflix show "The Money Heist" they print money out is the treasury in spain.

And i took the test for A.p.e.x

4 0
3 years ago
Other questions:
  • Hi, I'm 16 almost 17 next month and I'm getting a job at McDonald's. I am just curious about how much my first check will be if
    5·1 answer
  • When businesses collect demographic information on where people live, what they buy, and how they spend their time, they are res
    5·1 answer
  • What are the four properties that must be present in order to use binomial distribution?What are four properties that must be pr
    9·1 answer
  • An investment counselor calls with a hot stock tip. He believes that if the economy remains​ strong, the investment will result
    11·1 answer
  • Because it takes many years before newly planted orange trees bear fruit, the supply curve in the short run is almost vertical.
    11·1 answer
  • AIDA, the indirect strategy for persuasive messages, seeks to gain the attention, interest, ________, and action of the audience
    8·1 answer
  • Wilmur Corporation has announced that it will pay its first annual stock dividend of $1.05 per share exactly two years from toda
    11·1 answer
  • What is mean by rent receivable owing??
    11·1 answer
  • Owner must share their profits.<br> True or false
    14·2 answers
  • The manager of Stock Division projects the following for next year: Sales $185,000 Operating income $58,500 Operating assets $37
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!