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RoseWind [281]
3 years ago
5

The theory of comparative advantage states that there are gains from trade if countries specialize and optimize their opportunit

y costs. why is comparative advantage a driving force behind trade behind trade between regions and countries? why does specialization lead to welfare improvement? why engaging in trade is better than trying to be self-sufficient?
Business
1 answer:
Margarita [4]3 years ago
7 0
In simpler terms, the theory of comparative advantage refers to the possibility of one given economic actor to produce the same good which is of the same size and quality. This becomes a force behind trade because there are specific materials that are found in specific area in the Philippines only.

Doing trading is I think  is better than being self-sufficient .
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Answer:

What was the rate of return to an investor in the fund?

10%

Explanation:

To calculate the Rate of Return it's necessary to find the variation of the Net Assets Value during the year plus the distributions of income, the result of this it's divided by the Start of Year Net Asset Value.

Rate of Return  = (Var NAV + Distributions) / Start of Year NAV

Rate of Return  =

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+ Distributions = $2,2 /

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3 years ago
Which of the following forms of communication has the most impact during your interview? a. Nonverbal b. Verbal c. Voice quality
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3 years ago
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D the lower the taxes(I searched it up)
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1 year ago
A company that produces pleasure boats has decided to expand one of its lines. Current facilities are insufficient to handle the
Irina-Kira [14]

Answer:

A. Lowest Total Cost:

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