1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
MrMuchimi
3 years ago
14

Describe about comparative cost and absolute advantages of international trade​

Business
1 answer:
zzz [600]3 years ago
4 0

Answer:

Here's what I know.

Explanation:

Comparative cost talks about the difference or similarities in cost between two or more prices of good or services.

The advantages of international trade are...

1. It creates harmony between countries.

2. It encourages countries to manufacture their own products.

3. It is a source or income/revenue to the producing countries.

4. It is a good employment opportunity.

5. It improves a country's standard of living.

Hope these help... ♥

You might be interested in
Which are a better investment, stocks or mutual funds?
omeli [17]
Investment because u save up more money in what you want

4 0
3 years ago
Did economic output start growing faster than population from the beginning of the human inhabitation of the earth? When did mod
LekaFEV [45]

Explanation:

No, because economic growth can be described as a phenomenon that is taking place in modern times.

Economic growth began before the industrial revolution in the late 1700s in England, and it was with the technological innovations that occurred with the industrial revolution that there was a greater production facility, speed and greater incentive to consumerism, which generated an economic expansion in the world.

However, it is incorrect to affirm that all the nations of the world experience the same extent of modern economic growth, since each nation is influenced by a cultural and political group, which impacts on innovative decisions and on the conditions of political and social development.

5 0
3 years ago
A city will serve as a conduit for federal grant money, which is sent to the city by the state government and must be remitted t
Eduardwww [97]

Answer:

(C) Pass-through grant

Explanation:

A pass-through grant occurs when a recipient of a grant is allowed by the government to provide funding to other recipients. Funds are received and passed along to other recipients.

The party that receives funding from the pass-through entity is called the subrecipient.

This usually occurs when government lacks the structure to effectively push grant initiatives.

In this instance when states provide funds to the city for onward delivery to not for profit organisations, the city is acting as a pass-through entity.

4 0
3 years ago
Two methods can be used to produce expansion anchors. Method A costs $65,000 initially and will have a $18,000 salvage value aft
stich3 [128]

Answer:

Method B should be used

Explanation:

Note: See the attached excel file for the calculation of the present worth of Method A and Method B.

From the attached excel file, we have:

Present worth of Method A = –$210,889.85

Present worth of Method B = –$118,011.18

Since the present worth of Method A and B above imply Method A costs more than Method B, Method B should be used.

Download xlsx
5 0
3 years ago
Additions and improvements
zvonat [6]

Answer: D- increase the net book value of plant assets when incurred.

Explanation:Plant Assets like property, plant, equipment are fixed assets and are referred to the resources that have physical substance. They are used in the running of a business and are not for customers sale.

-Additions and Improvements are the costs incurred to increase a plant assets by increasing efficiency and productiveness of the asset, they increase the net book value of plant assets when they are incurred leading to more productive facilities and output

4 0
3 years ago
Other questions:
  • Telcom owns a phone network and provides phone network services to many consumers
    15·1 answer
  • On august 31 of the current​ year, harvey co. decided to change from the fifo periodic inventory system to the​ weighted-average
    10·1 answer
  • Determine the amount of money that must be invested now​ (time 0) at 10​% nominal​ interest, compounded​ monthly, to provide an
    13·1 answer
  • General electric has an up-or-out policy, where key personnel in underperforming units are pressured to boost performance to acc
    10·1 answer
  • In your opinion how have human rights changed from the industrial revolution till the modern economy of today
    9·1 answer
  • In a perfectly competitive market, all producers sell goods or services. Additionally, there are buyers and sellers. Because of
    13·2 answers
  • Alex Timbers, a wood supplier, receives an order of 10 wooden logs from a furniture manufacturing company. The client brief ment
    12·1 answer
  • On January 1, 2017, when the market interest rate was 14%, Luba Corporation issued bonds
    9·1 answer
  • WILL GIVE BRAINLIEST!!! NEED ASAP PLEASE!
    14·2 answers
  • When a customer does not understand his or her role in the service delivery process, he or she is contributing to provider:_____
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!