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 following phrase best defines the word "import": to purchase a product from another country.
Answer:
B
Explanation:
In the text it says that local government can be special districts, city governments, and county government. So it says special districts and county government and both local government.
Answer:telescopes
Explanation:person that's doing it i think
It was Thomas Hooked but replace the d with an r
