The institutionalization of trade has been around since the "value theory" of David Ricardo in 1817, which argues that some countries had more feasible conditions to produce a better output of certain products in comparison to others. As a result, they had to engage in trade with other countries that had products they lacked.
"Labor" and "resources" are the key factors that fuel trade. As some countries have a cheaper labor force, it makes their products have competitive prices in the market. On the other hand, certain countries have scarce resources that many other countries do not have such as gold and other minerals. Therefore they have to engage in trade with the countries that extract them from their soil.
It is "C. the power to make treaties" that requires a 2/3 vote from the Senate, since the Founding Fathers wanted to ensure that the United States only made such treaties with reliable nations.
In order to help the
student expand his/her knowledge I will help answer the question. This in hope
that the student will get a piece of knowledge that will help him through his
homework or future tests.
The answer to your
following question: According to Herbert Hoover, What would best help those
devastated by the Great Depression?
It would be the voluntarism of individual
and private charities. Herbert tried to stop workers from getting laid off or getting
cut wages during this great depression. His ideal was for the people to rule over themselves through voluntary cooperation.
I hope it helps,
Regards.
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Answer:
abraham and his descendants established the Jewish civilization
A. Absolutely true
The 1960's and 1970's were a time that new drugs like LSD came out and people started experimenting with sex and drugs which led to the sexual revolution.
