Suppose the United States has a comparative advantage over Mexico in producing pork. The principle of comparative advantage asse
rts that a. the United States should produce more pork than what it requires and export some of it to Mexico.
b. the United States should produce a moderate quantity of pork and import the remainder of what it requires from Mexico.
c. the United States should refrain altogether from producing pork and import all of what it requires from Mexico.
d. Mexico has nothing to gain from importing United States pork.
d. Mexico has nothing to gain from importing United States pork.
Explanation:
The principle of comparative advantage asserts that countries (in this case Mexico) are better off importing certain goods (in this case pork), given that the opportunity cost of importing such goods are less in comparison to the production costs of manufacturing them within the country.
By definition, a country is said to have a <em>comparative advantage</em> over another, when they can produce a certain good or service at a lower marginal or opportunity cost.
Answer: Posters promoting good security behavior and designated mailing list.
Explanation:
One of the ways to create awareness in people's mind is by posting images, writings on walls and boards for their veiwing, when this is done over a period of time, they get conformed in their minds to adjust to what they've been seeing, another way is by designated emails, especially coming from the organization, through this emails, they can give their suggestions and complains also on what they feel or want to be done in the organization.
In case the consumers have a pessimistic tendency towards the future, they would expect the economy to face a downturn. They will, as a result, save their income and wealth for the future.
This would cause a decline in consumer spending and the aggregate demand curve will move down to the left.
An increase in consumer confidence, on the other hand, would cause consumer spending and aggregate demand to increase.
Dealers/distributors allows a business to purchase and sell a company's products, but not the right to use that company's trade name as its own
<u>Explanation:</u>
Although only one out of every odd state with a dealers have opportunity which similarly characterizes the term, the more significant part of them use the accompanying general criteria: A business opportunity includes the deal or rent of any item, administration, gear, etc. that will empower the buyer licensee to start a business.
Moreover, business openings offer less help than opportunities; this could be a bit of leeway for you if you blossom with opportunity.
