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kiruha [24]
3 years ago
12

Examples of comparative advantage show how trade between two countries can make each better off. Compared to their pre-trade pos

itions, trade makes both countries better off because in each country A) total employment is greater.B) total consumption of goods is greater.C) wages are higher. D) total welfare is greater.
Business
1 answer:
Vika [28.1K]3 years ago
3 0

Answer:

The correct answer is option B.

Explanation:

Comparative advantage refers to the situation when a nation or individual is able to produce a good or service at a comparatively lower opportunity cost. The nation is said to specialize in the good or service it can produce at a lower opportunity cost.

Trade through specialization helps both the nation involved in the trade to consume more. Each nation produces more of the good it specializes in and exchanges it for the good it does not specializes in.

In this way, both of them are able to consume beyond their production possibility curves.

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Elan Coil [88]

Answer: Preview-view-review strategy.

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3 years ago
A magazine publisher collects one year in advance for subscription revenue. In the year of providing the magazines to customers,
photoshop1234 [79]

Answer:

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Explanation:

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5 0
3 years ago
The price (P) of designer jeans is affected by the supply (S) and the demand (D).
monitta
The price of designer jeans would likely increase if its demand increases and there is no changes in supply.
5 0
2 years ago
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In your own opinion, what is the advantages and disadvantages of having a business website​
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Explanation:

5 0
3 years ago
Suppose Sally borrows $1,000 from Harry for one year and agrees to pay a nominal interest rate of 9%. When she borrows the money
Lilit [14]

Answer:

Instructions are listed below

Explanation:

Giving the following information:

Suppose Sally borrows $1,000 from Harry for one year and agrees to pay a nominal interest rate of 9%. When she borrows the money, both she and Harry expect an inflation rate of 6%. Suppose that when Sally pays back the loan after one year, the actual inflation rate turns out to be 7%.

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2 years ago
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