Answer:
a. nations will be unable to specialize in what they are good at and therefore end up consuming less
Explanation:
There is no country that can produce all goods and services efficiently (at the least cost ). It is for this reason that trade between countries becomes necessary. Trade between countries gives countries the opportunity to concentrate on the production of goods in which it is efficient in production and purchase goods for which it produces at higher costs.
If trade between nations is prohibited, countries would have to produce goods that they are both efficient and ijefficient in their production, resources would be wasted, specialisation in the production of goods would not occur and consumption would fall.
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A decrease in demand for cameras would likely be caused by increased abilities in cell phones for filming
Steel was important to the second industrial revolution majorly because of its properties and its potential uses. Because steel is very strong, light and cheap, it was found ideal for many purposes. Steel was used to make many of the new inventions that characterized that period, a good example of this is rail road.
Answer: C. Both parties now have an obligation to their agreement.
Explanation:
When parties get into a contract, they have a legal obligation to each other to fulfill their part of the agreement or the other party will be able to seek redress in a court of law.
Terrance and the bank are now parties to an agreement to provide Terrence with a loan to buy a house. The bank will have to fulfill this obligation by giving Terrence the loan and Terrence will fulfill his side of the agreement by making payments as stipulated in the loan covenant.
Answer:
B. National Operations Center
Explanation:
The National Operations Center serves as the principal operations center for the Department of Homeland Security which
provide decision support and enable the Secretary’s execution of obligations across the homeland security enterprise by promoting situational awareness and share information.