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3 years ago

The law of comparative advantage explains why a nation will benefit from trade when

Business

1 answer:

zlopas [31]3 years ago

7 0

Answer:

The correct answer is option d.

Explanation:

The law of comparative advantage states that a country will be able to benefit from international trade if it produces and exports the good that it has a comparatively lower opportunity cost in producing.

Comparative advantage refers to comparatively lower opportunity costs. A country will specialize in the production of a good that it can produce at a lower opportunity cost.

Both the countries will be able to benefit from trade and jointly increase their production and consumption if they export goods they can produce at lower opportunity cost and import goods they can produce at higher opportunity cost.

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Scilla [17]

Answer a. Estimate a population proportion.

Explanation:

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A mean only refers to the average of the population without reference to a particular quality.

The analysis is not testing a claim but it's only making reference to earlier findings on the population. A claim would have given us a specific quality which the population has been predicted or established to adhere to.

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4 years ago

You can have your cake or chose to eat it

Oksi-84 [34.3K]

Answer:

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3 years ago

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damaskus [11]

Product design but I’m also a little convinced it’s also product layout

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3 years ago

Disequilibrium occurs when

Simora [160]

Answer:

. quantity supplied does not equal quantity demanded.

Explanation:

Disequilibrium is a situation where the market price is below or above the intersection point of the demand and supply curve. As a result, the market experiences a shortage or surplus of a product. Therefore, at disequilibrium, the quantity supplied does not match the quantity demanded.

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3 years ago

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_____ help individuals understand their roles in an organization, especially in times of crisis. Group of answer choices Verti

Vera_Pavlovna [14]

Answer:

<u>Vertical Linkages </u>

Explanation:

A linkage refers to a connect between two parts. In the organizational context, it refers to communication and coherence between different departments and levels.

Vertical linkage refers to the chain of command and assignment of responsibilities by top level management, vertically downwards to the lower level or operational level management.

Such a chain serves as a mode of communication and as means coordination within an organization.

Activities are performed and tasks are executed by the lower level management, which are consistent and in alignment with the top level management goals. The employees at lower level update their progress to the top level w.r.t the extent goals and targets have been met.

An organization may create such linkages via rules of hierarchy, creation of levels or establishment of formal system of management.

So during adverse times, such a linkage helps since, everybody is aware in advance what they are supposed to do and there is no ambiguity.

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3 years ago