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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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Describe the three most downturns in the United States economy since the 1920's

velikii [3]

The Great Depression, the recession, I don't know the other one.

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2 years ago

The department within a company that records, measures, and reports monetary transactions is called ______________.

Gnesinka [82]

I believe you’re thinking of the accounting department

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3 years ago

Retained earnings a.over time will have a direct relationship with the amount of cash on hand if the corporation is profitable.

Gwar [14]

Answer:

d.is the cumulative total of net income, minus net losses, and minus dividends.

Explanation:

As we know that

The stockholder equity statement involves the common stock and the retained earnings statement

It is prepared to find out the ending balance of common stock and the retained earning that is shown below:

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2 years ago

The ________ is responsible for monitoring the money supply and the general stability and safety of the u. s. banking system.

____ [38]

The Federal Reserve is responsible for monitoring the money supply and the general stability and safety of u. s. banking system.

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The Federal Reserve promotes the safety and soundness of individual financial institutions and oversees their impact on the financial system as a whole.

The FOMC controls the country's money supply. The voting members of the FOMC are the Board of Governors, the president of the Federal Reserve Bank of New York, and the presidents of the other four Reserve Banks, who function on a rotating basis. All Reserve Bank Governors participate in FOMC policy discussions.

Learn more about Federal Reserve here brainly.com/question/25817380

#SPJ4

8 0

1 year ago

2. A closer estimate of the total cost can be made by including the estimated sales tax. Use a formula to calculate the estimate

Kazeer [188]

Answer: Hello your question has some missing details hence I will provide an answer based on the general scope of your question

answer ; =([Cost] * 1.07)

Explanation:

Assuming the table heading for estimated cost in July 2014 is named "Cost"

Total estimated cost

Total = Cost * ( 1 + Sales Tax )

= Cost * ( 1 + 0.07 )

= Cost * 1.07

Excel equivalent formula used that can be used = ([Cost] * 1.07)

5 0

2 years ago