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vivado [14]
3 years ago
6

Specialization and trade are closely linked to_____.

Business
1 answer:
lesya [120]3 years ago
6 0

Answer: The correct answer is "a. comparative advantage.".

Explanation: Specialization and trade are closely linked to <u>comparative advantage.</u>

The comparative advantage is the ability of a person, company or country to produce a good using relatively less resources than another.

The concept of comparative advantage is one of the basic foundations of international trade.

The theory of comparative advantages postulates that each country in question will specialize in what is most efficient. At the same time, it will import the rest of the products in which they are most ineffective in terms of production.

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Great Eastern Rectangle (GER) currently has 970,000 shares of stock outstanding that sell for $29.25 per share. Assuming no mark
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Please see attachment

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3 years ago
Trini Inc. bases its manufacturing overhead budget on budgeted direct labor-hours. The direct labor budget indicates that 8,100
Ilya [14]

Answer:

$102,870

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The computation of Total cash disbursements is shown below:-

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Total cash disbursements = Total variable manufacturing overhead + Fixed cash overhead

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6 0
3 years ago
Gross domestic product (GDP) may be calculated as the sum of ______. Multiple choice question. exports and imports only consumer
Alex777 [14]

Answer:

consumer spending, investment spending, government purchases of goods and services, and net exports.

Explanation:

The Gross Domestic Products (GDP) is a measure of the total market value of all finished goods and services made within a country during a specific period.

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Basically, the four (4) major expenditure categories of GDP are consumption (C), investment (I), government purchases (G), and net exports (N).

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