i would believe that the government plays an important role in a market economy As we saw in our discussion of competitive markets, a free enterprise system is largely self-regulating. Therefore, government plays a limited, but important, role, allowing individuals to make most of the economic decisions.
What kind of absurd logic is that?
oh, let me not talk for a few days maybe I might end up sounding like a girl. yeah, good luck with that mate.
Answer:
so it would be 2 gallons because ice cream and coffe
Explanation:
Answer:
comparative advantage
Explanation:
Comparative advantage in finance is crucial for production because it helps nation to manufacture their goods with low opportunity cost compare to their co- partner in that production line.
Production which is an essential aspect in economics is a process of turning raw materials into finished goods are very crucial in each nation of the world and for economic process to be completed.
It should be noted that When nations increase production in their area of comparative advantage and trade with each other, both sides can benefit from it.
Answer:
Exporting
Explanation:
Exporting
Exporting is the method for entering into the global market by selling products which are domestically produced and traded to the foreign countries . Counter trade is also a part of exporting where one firm agrees on selling a product in counter of receiving another product from the buying firm.
Here, Jerzy is considering the use of counter trade, where he would send his shoes designed and produced domestically to Spain in return for high-quality Spanish cowhides.
Hence , Jerzy is exporting .
