The theory of comparative advantage is credited to David Ricardo.
<h3>What is Ricardo's theory of comparative advantage?</h3>
In economics, a comparative advantage occurs when a country can produce a good or service at a lower opportunity cost than another country.
The theory of comparative advantage is attributed to political economist David Ricardo, who wrote the book Principles of Political Economy and Taxation (1817).
Comparative advantage is a key principle in international trade and forms the basis of why free trade is beneficial to countries.
Eg; Consider two countries (China and the UAE) that use labor as an input to produce two goods: wine and cloth.
In China, one hour of a worker’s labor can produce either 5 cloths or 10 wines.
In the UAE, one hour of a worker’s labor can produce either 20 cloths or 15 wines.
The UAE enjoys an absolute advantage in the production of cloth and wine.
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Answer:
Business Cycle
Explanation:
Business Cycle -
It refers to the upward or downward movement of the gross domestic product , is known as business cycle.
It is also known as trade cycle.
These movement are short - run , i.e. , for very short time span .
Hence, from the given information of the question , the correct term is business cycle .
The correct answer is "informal social ties."
With that statement, Sociologist Robert Putnam was referring to informal social ties and how these promote bureaucracy.
Robert Putnam is a Professor of Harvard University in Cambridge, Massachusetts. He analyses the society of the US, observing how it has deteriorated civic and personal values. He wrote the book "Bowling Alone: The Collapse and Revival of American Community," in which he suggests that new forms of social engagement must be developed to change the situation.
Answer:
B. Provides coordination leadership at the Joint Field Office.
Explanation:
The Unified Coordination Group: <em>provides coordination leadership at the Joint Field Office</em>. The organization of an Incident Management is done according to the Incident Command System. The Unified Coordination Group has the leadership and responsibility to manage the incident coordinating the other groups.
It takes 224.7 earth days to orbit the sun once.
