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AleksAgata [21]
3 years ago
6

The only deposits of a rare and sought-after mineral known as ursarite are found in Russia. Since no other nation has deposits o

f ursarite, Russia has a(n)__________ in this mineral.
Business
1 answer:
fomenos3 years ago
4 0

Answer: Russia has an absolute advantage in the mineral.

Explanation:

Absolute advantage is an economics term that means to the ability of an individual, firm, or nation to manufacture a larger quantity of a product than its competitors. 

Adam Smith proposed absolute advantage of absolute advantage in international trade by using only labor as the input. Absolute advantage is derived by comparing labour productiveness between countries.

Russia has an absolute advantage because it's the nation that can produce the highest amount.

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On January 1, 20X9 Pathlon Company acquired 30 percent of the common stock of Sopteron Corporation, at underlying book value. Fo
Ksenya-84 [330]

Answer:

increase in investment = 16,500

Explanation:

Given data:

net income $55 000

Gain $40,000

PATHLON SHARE IN SOPTERON 30%

according to Wquity method, the increase in investment can be determined as following

increase in investment = share of net income - dividend

putting all value to get increase in investment value

increase in investment = 55000\times 30% - 0

                                       = 55000\times 0.30

                                       = 16,500

8 0
3 years ago
In one nation, life expectancy is in the high 50s. Few citizens have access to modern technology, and the average yearly income
NARA [144]

Answer:

Developing

Explanation:

A developing country is one where,

  • Per capita income is lower which means individuals earn money for basic survival. There are no means of investment and savings.
  • Life expectancy is higher due to absence of modern medical facilities in all areas.
  • Technology is still reaching people in rural areas. Not everybody has access to modern technology.
  • High rates of population and unemployment.

Here, the country has all features of a developing world nation.

8 0
3 years ago
Mike deposited $100,000 in a bank and procured a certificate of deposit on it, payable to himself, for repayment in five years w
horsena [70]

Answer:

The correct answer is letter "D": an installment note.

Explanation:

An installment note is a promissory commitment for payment of the principal and interest of a debt. The payments are distributed in equal periods of time -usually monthly, and represent the amortization of the total amount owed. According to the agreement, a minimum amount can be established to be paid to avoid more debt.

7 0
3 years ago
Which of the following refers to business activities that change the accounting equation?
lys-0071 [83]

Answer:

A

Explanation:

6 0
4 years ago
Are export tariffs illegal in the United States?
scoray [572]

Answer:

yes, however, it is legal if congress gives consent.

Explanation:

Article I, § 10, clause 2 of the United States Constitution, known as the Import-Export Clause, prevents the states, without the consent of Congress, from imposing tariffs on imports and exports above what is necessary for their inspection laws and secures for the federal government the revenues from all tariffs on imports and exports. Several nineteenth century Supreme Court cases applied this clause to duties and imposts on interstate imports and exports. In 1869, the United States Supreme Court ruled that the Import-Export Clause only applied to imports and exports with foreign nations and did not apply to imports and exports with other states, although this interpretation has been questioned by modern legal scholars.

5 0
3 years ago
Read 2 more answers
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