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
WITCHER [35]
3 years ago
7

Countries around the world specialize production, and trade with other countries based upon

Business
1 answer:
damaskus [11]3 years ago
8 0

Answer:

Comparative advantage

Explanation:

The basic method to choose a country to trade with is to have a comparative advantage in products. When a country has a comparative advantage it helps to attain certain goods which are not produced domestically, and to export goods which are not produced in the other country. A comparative advantage helps to export goods and services at lower prices and better quality to attain the maximum market share in the exporting country.

You might be interested in
The ______ viewpoint regards the organization as arrangements of interrelated parts that operate together to achieve a common pu
timurjin [86]

Answer:

Classical

Explanation

Classical view point in management is very essential because it brings about increase in productivity, it involves making use of scientific method as well as job specialization among the employee to achieve common goal of the organization.

It should be noted that Classical viewpoint regards the organization as arrangements of interrelated parts that operate together to achieve a common

3 0
3 years ago
In the scor model, purchasing is represented by
RUDIKE [14]

A leverage by is one where there is.

8 0
2 years ago
The following information is available for Rodriguez Industries:
shepuryov [24]

Answer:

$183,200

Explanation:

Given that,

Direct labor = $86,000

Total current manufacturing costs = $381,000

Manufacturing overhead is applied to production:

= 130% of direct labor cost

= 1.30 × $86,000

= $111,800

Total manufacturing costs = Direct material + Direct labor + Manufacturing overhead.

$381,000 = Direct material + $86,000 + $111,800

Direct material = $381,000 - $86,000 - $111,800

                         = $183,200

Therefore, the amount of direct materials used in production is $183,200.

8 0
3 years ago
Today most state corporate statutes are at least partially based on the . A corporation is an artificial being, existing only in
I am Lyosha [343]

Answer:

The correct word for the blank space is: Revised Model Business Corporation Act.

Explanation:

The United States corporate laws are regulated by the Model Business Corporation Act (MBCA). The Act was born as a need for disambiguation of liabilities incurred by corporations where it was not clear if owners were personally liable for debts of the organization. Nowadays, the Revised Model Business Corporation Act (RMBCA) rules that concept and adopted some other features to bring clarity when it comes to corporate obligations.

8 0
3 years ago
Familiar routes to and from commonly visited areas create an individual's:
Artist 52 [7]
<span>Can create mental map of the chosen routes. By following certain routes on a daily basis, a person can mentally remember how to get to destination without having to do recalling that anyone would do when they haven't fully remember how to get there. There wouldn't be a need to use GPS or mapping app, if he or she can recall how to get there.</span>
5 0
3 years ago
Other questions:
  • What are the key factor(s) for success in this industry/market
    6·1 answer
  • ​some of the entrepreneurs' personal factors in small-business success include
    5·1 answer
  • A(n) _____ is a general belief about a person or group of people that may not be true.
    7·1 answer
  • In a free-market economy, a product which entails a positive externality will be: overproduced underproduced produced at the opt
    8·1 answer
  • The adjusting entry to record accrued revenue a.differs from the journal entry to record revenue on account. b.includes a debit
    15·1 answer
  • A government deficit has decreased from 100 to 60. The country's trade deficit is 120 and private savings equal 80 and investmen
    10·1 answer
  • Product A is normally sold for $9.60 per unit. A special price of $7.20 is offered for the export market. The variable productio
    6·1 answer
  • In 2019, Colin and Laura sold their house for $990,000. They paid $40,000 in expenses so their proceeds are $950,000. They bough
    6·1 answer
  • An employee who works from home is participating in what activity?​
    14·2 answers
  • Omar is setting up his company in quickbooks and selects the accrual basis of accounting. how will his business record income an
    7·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!