The smallest state is Rhode island
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.
The answer is "Experimental research".
Experimental research refers to any research led with a scientific approach, where an arrangement of variables are kept steady while the other arrangement of factors are being estimated as the subject of test.
The most straightforward case of an experimental research is leading a laboratory test. For whatever length of time that examination is being directed under logically satisfactory conditions – it qualifies as a trial explore. A genuine experimental research is thought to be fruitful just when the scientist affirms that an adjustment in the dependent variable is exclusively because of the control of the independent variable.
Answer:
Investing
Explanation
— The process of setting money aside to increase wealth over time and accumulate funds for long-term financial goals such as retirement.
