Answer:
International trade theory
Explanation:
International Trade Theory has emerged to understand and explain the mechanisms that lead nations to specialize and market goods and services. To this end, the theory explains the concepts of domestic demand, international rivalry, and the endowment of factors of production (capital, labor, and natural resources) that each country has to suggest that all countries can benefit through international trade if each country specialize in where it has a comparative production advantage.
Comparative advantage is an economic concept that aims to explain differences in production and trade between two different countries or nations, based on the same product. The idea is to analyze which stakeholder has the lowest opportunity cost of the same good. Opportunity is a concept associated with productive efficiency, which aims to measure how much a country fails to earn in other activities when deciding a given good. Thus, the country with the lowest opportunity cost will have higher productive efficiency and consequently will have the comparative advantage in the production of the good. Thus, this country will specialize in the production of this good and other countries will produce other goods for which their respective opportunity costs are lower. Then countries trade products in international trade and everyone wins.
I would say d all of the above, but the most important is b read all paperwork thoroughly
Agriculture sector is the largest employment sector to the majority of Nepalese people because according to the 2068 census about 66% of people were engaged in agriculture
The U.S bureau of labor statistics indicates that the demand for user support workers in the next 10 years will : <u>Increase significantly</u>
<h3>What is an advantage of outsourcing user support quizlet?</h3>
User support staff often have more help, tools, and expertise to install a computer system quickly and with fewer errors than an end user.
A task that a worker can either perform or not perform is called fundamental knowledge.
<h3>What does the US Bureau of Labor Statistics do?</h3>
The Bureau of Labor Statistics estimates labor market activity, working conditions, price changes, and productivity in the U.S. economy to support general and private decision making.
To learn more about U.S bureau , refer
brainly.com/question/24761999
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