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Oxana [17]
3 years ago
5

Sentoria is an island nation in the Pacific Ocean. Its geographical location is advantageous since it has access to a variety of

aquatic life forms and also a number of freshwater sources that provide for fisheries. The lack of arable land drives local demand for seafood. The competition in the domestic fishing industry is fierce and enables Sentoria to be one of the major exporters of seafood. Which of the following theories of international trade best explains Sentoria's dominance as an exporter of seafood:
Business
1 answer:
wolverine [178]3 years ago
7 0

Answer:

B) Theory of national competitive advantage

Explanation:

The diamond theory of national competitive advantage was developed by Michael Porter. It states that a country must focus on the attributes and industries that allow it to outperform other competing countries.

In this case, Sentoria is in the middle of the Pacific Ocean, so its main industry should be related to seafood. What else could they export?

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it would increase

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How did the captains of industry like j. p. morgan respond to signs that the stock market was about to collapse?
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During 2018, Montoya (age 15) received $2,200 from a corporate bond. He also received $600 from a savings account established fo
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Answer:

The correct answer is option (C) $ 1,750

Explanation:

Given data:

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3 0
3 years ago
Profit maximization occurs when:
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Answer:

The correct answer is option B.

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If the marginal revenue is greater than the marginal cost the firm should increase production till both are equal.  

In case, marginal revenue is less than the marginal cost the firm should stop producing more and reduce production till both are equal.

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3 years ago
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