A situation in which a country specializes in producing the goods it produces most efficiently and buys the products it produces less efficiently from other countries, even if it could produce the good more efficiently itself is referred to as Ricardo's Theory of Comparative Advantage (1817).
<u>Explanation:</u>
In 1817, David Ricardo introduced the classical hypothesis of comparative advantage, which contributed the reason and advantages of foreign trade to disparities in the relative price of opportunity (cost of certain goods giving up) of generating the same product between nations.
Oil exporting countries, for an instance, have a competitive advantage in chemicals. A regional oil, as opposed to nations without these, offers a cheap source of material for the chemicals. In the system of oil distillery a lot of the raw materials are made. As a consequence, Kuwait, Saudi Arabia and Mexico compete with US chemical manufacturing companies.
Cave-ins would be the answer.
Answer:
Explanation:
Calculation of total loss:
Net loss 320,000
Preferred dividend [5000*8%*100] 40,000
Total loss 360,000
Calculation of shares:
Common shares 250,000
Additional common stock [36,000*7/12] 21,000
Total shares 271,000
Loss per share = 360,000/271,000 = $1.328
Answer:
Correct
Explanation:
Disparate treatment is an unlawful discrimination in US labor law. it signifies unequal behavior toward employees or potential employees based on a trait that is protected under federal law.
The key word here is 'treatment' which means that it is intentional.
Disparate-impact <u>occurs where an employer does not intend to discriminate;</u> however, it happens after identical standards are applied to all employees but they lead to a substantial difference in employment outcomes for members of a particular group.
The key word here is 'impact' which means that it is unintentional.
Answer:
C
Explanation:
Diversity in the workplace is about bringing together people of different background , physical appearance ,religion , education , age etc.
Even though of of the answer options narrowly talk about gender diversity , the employment policy of US in having over 50% of foreign born workers in the economy is wider as this would have covered citizens of different country with various cultures and tribes , different genders , color , religion and appearance and a whole lot more.