3 years ago

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

_____ is a practice where a store sends coupons to a customer, who has already bought a product from the store, for a more expen

Kaylis [27]

Answer:

Upselling

Explanation:

Upselling: The term "upselling" is described as a specific sales technique in which a seller generally induces different customers to buy or purchase items that are considered as more expensive, upgrades or any other "add-ons" while making an effort to create a profitable sale.

In other words, it is referred to as a practice or an effort to encourage various customers to buy high-end products. This is a method of persuading customers.

As per the question, the given statement signifies "upselling".

3 0

3 years ago

Rina and Musashi are married, under the age of 65, and have four children under the age of 18. Musashi works full time and earns

Ipatiy [6.2K]

Answer: Not at all

Explanation:

5 0

3 years ago

The use of evidence such as the paper trail across the Willow Lane lawn could link a person to the crime and even explain the ca

Readme [11.4K]

A.) Probable Cause, is the answer.

3 0

3 years ago

Read 2 more answers

the gradual reduction of regional constrasts resulting form increasing cultural, economic, political and other types of exchange

kondor19780726 [428]

Answer: Globalization

Explanation:

The globalization is the process of gradually reducing the regional contrasts due to the increase in the interaction and exchange different types of culture, political and the economic.

The main aim of the globalization is that it communicate on the international platform by using the different types of strategy for the business, political and also due to the environment development.

There are different types of benefits which is provided by the globalization that are:

High quality products and the services
Greater economical efficiency
More international trading

Therefore, Globalization is the correct answer.

3 0

3 years ago

the 5 basic marketing strategies are called the 5 p's. another name for these strategies is ________.

MatroZZZ [7]

I believe it's the marketing mix?

6 0

2 years ago