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
s2008m [1.1K]
2 years ago
10

If the opportunity cost of manufacturing machinery is lower in the United States than in Britain and the opportunity cost of man

ufacturing sweaters is higher in the United States than in Britain then the United States will:________.a. import sweaters from Britain and export machinery to Britain.b. export sweaters to Britain and import machinery from Britain.c. import both sweaters and machinery from Britain. d. export both sweaters and machinery to Britain.
Business
1 answer:
kogti [31]2 years ago
3 0

Answer:

.a. import sweaters from Britain and export machinery to Britain.

Explanation:

A lower opportunity cost of manufacturing a particular goods means that a country uses fewer inputs in production compared to other nations.  The country can produce more quantities of the product using similar factors of production. A lower opportunity cost in manufacturing will make a country's output cheaper compared to when that product is manufactured in other nations.

Varying production costs form the basis of international trade. A County imports commodities that are produced cheaply elsewhere and exports the goods it can manufacture at a lower cost. The united states can produce machinery at a lower cost than Britain.  Britain will be prudent to import machinery from the united states rather than produce.  Britain produces sweaters using fewer inputs that the US. The US will find importing  sweaters from Britain more economical compared to manufacturing.  

You might be interested in
"what is unsolicited email that plagues employees at all levels and clogs email systems?"
Naddik [55]
Unsolicited email that plagues employees at all levels and clogs email systems is also known as spam. Spam emails are typically flooding everyone within the organization, with the same message and is usually something one would not choose to receive. The majority of spam emails that are sent out are commercial advertising which takes time away from receiving other necessary emails. 
4 0
2 years ago
Amex Corporation invests excess cash to purchase $25,000 in corporate bonds on March 30, 2018. In addition to the $25,000, Amex
damaskus [11]

Answer:

b. a debit to Held-to-Maturity Debt Investments for $26,000

Explanation:

Investment in corporate bonds is considered as Held-to-Maturity Debt investments.

Date           Accounts Title and Explanation                Debit       Credit

30 Mar 18   Held-to-Maturity Debt investments          $26,000

                   [$25,000 + $1,000)

                           Cash                                                                     $26,000

                  (To record an investment in bonds)

Therefore, in the journal entry, it is debited to Held-to-Maturity Debt investments for $26,000

7 0
3 years ago
Engineer Brown has been engaged in providing consulting engineering services for a number of years as a sole proprietor. Because
frez [133]

Answer:

Engineer Brown has been engaged in providing consulting engineering services for a number of years as a sole proprietor. Because his practice was growing, he recently hired another engineer and decided to commence offering professional services under the name of Brown and Associates. In order to comply with the rules he must

Notify the Board office of the name change

Explanation:

Since it is the same company but just with change of name changes, notification to the company he render services for is only needed to avoid confusion about the authenticity of the company

7 0
3 years ago
Read 2 more answers
If the fed wants to _______ the money supply, it discourages bank loans.
scoray [572]
<span>This would be a way to lower the money supply. By discouraging bank loans, there becomes fewer overall dollars in the hands of the general public. Fewer dollars held by people overall equals a smaller overall money supply. Bank loans to the public would be a way of increasing the money supply, in the opposite instance.</span>
5 0
3 years ago
Explain the difference between common and preferred stock? List the advantages and disadvantages of each.
Juli2301 [7.4K]
Common stockholders will not receive any money before the preferred stock holders in the case of the company having to liquidate.  So thats a disadvantage.  Preferred stockholders tend to get higher dividends paid out to them, which is an advantage.  
7 0
2 years ago
Other questions:
  • When you know you cannot pay your debts, which of the following should you do?
    5·1 answer
  • Until this past century, infancy was the life-stage with the highest mortality rate. ______ was/were also a time of high risk, d
    7·1 answer
  • . Due to a car accident you receive a settlement from insurance of $50 a month for the next ten years. What is that worth to you
    9·1 answer
  • If a monopolistically competitive firm raises its price, it a. loses all of its customers (sales drop to zero) as your answer lo
    11·1 answer
  • Which one of the following measures the average amount of time that it takes to repair a system, application, or component?
    11·1 answer
  • Explain how organisational policies on equality and diversity translate into day to day activity in the workplace
    12·1 answer
  • A performance audit engagement typically involves: a. Review of financial statement information, including the appropriateness o
    11·1 answer
  • An llc is formed when a general partnership files a statement of qualification with the appropriate state official. true or Fals
    13·2 answers
  • Tengo una pregunta de mi clase económica y finanzas personales <br><br> A debtor is??
    8·1 answer
  • James used $250,000 from his savings account that paid an annual interest of 15% to purchase a hardware store. After one year, J
    12·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!