Answer:
The Suez Crisis took place at the location of the Suez Canal in Egypt.
Explanation:
The Suez Canal is located between the mainland of Egypt and the Sinai Peninsula. This is north of the Gulf of Suez. This canal connects the Mediterranean Sea to Indian Ocean. The canal was important in particular to oil transportation. The Suez Crisis centered around Arab and Israeli conflict in which Israel invaded Egypt and took control of the Suez Canal. This canal was heavily used by <u><em>Europe and therefore almost led to World War III. </em></u>
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Answer:
technologies will affect the composition of trade by increasing the services component, fostering trade in certain goods such as time-sensitive products, changing patterns of comparative advantage and affecting the complexity and length of global value chains.
Answer:
The market price of an asset or service is determined by the forces of supply and demand. The price at which quantity supplied equals quantity demanded is the market price. The market price is used to calculate consumer and economic surplus. ... Economic surplus is the sum total of consumer surplus and producer surplus.
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Answer:
The correct answer is A. Coaches of professional sports teams plan strategy and players execute that strategy in games.
Explanation:
Division of labor refers to a situation where a specific job is given to more than one person to carry out. In all human activities in a society, there is an iota of a division of labor and this is so that there will be a smooth running of things to yield good and fast results. There is a division of labor in the restaurant, in an organization, at school, etc.
This how you identify the presence of a division of labor. For instance, in the construction of a building, 50 workers are having their separate duties concerning one job. One is in charge of mixing building materials, another is in charge of fixing the blocks and so on.
Given the above, option A is the answer.
Answer:
Reducing economic disparity. ...
Inviting more people into the markets. ...
Promoting simplicity and transparency. ...
Connecting financial markets and economic activity. ...
Linking savings and investment. ...
Avoiding economic bubbles (and bursts) ...
Spurring economic development.
Explanation: