Roosevelt has been the main figure identified with progressive conservatism as a political tradition. Roosevelt stated that he had "always believed that wise progressivism and wise conservatism go hand in hand".
Answer:
Some of the gains from trade shift to Portugal.
Explanation:
The law of comparative advantage describes how agents produces more of and consumes less of a good for which they have a comparative advantage in. Agents have a comparative advantage if they produce a good at a lower marginal cost prior to trade. Contrary to it, agent has an absolute advantage if they produce a good more productively, or more quantity of goods for a less amount of resources.
In this example, if the price of doormat increases to 5 hats per doormat, Spain will have to produce hats to get 1 doormat. Contrary to it, Portugal will get more hats for producing the same amount of doormats as before.
So, to conclude, Portugal will gain from this trade.
That falls as income rises
She was an author, feminist, and a leading figure in the women's movement in the US.
They wanted to find the fountain of youth
