The United States of America is the world's third largest country in size and nearly the third largest in terms of population. Located in North America, the country is bordered on the west by the Pacific Ocean and to the east by the Atlantic Ocean. Along the northern border is Canada and the southern border is Mexico.
Answer:
(opportunity cost) A comparative advantage is the ability of a country to produce a particular good or service at a lower opportunity cost than another country.
Explanation:
The ability of producing a product or a service at a reduced cost of production than that of the competitors is referred to be an absolute advantage. The ability of producing a product or a service at low opportunity cost than that of the competitors is referred to be Comparative advantage. When a product is produced in an efficient manner than a competitor which is at a reduced it is an absolute advantage. Comparative advantage means that, instead of producing some other goods at some costs, a particular good can be produced at a lower cost. This is also termed as an opportunity cost.
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Answer:
Spanish American wars of independence
Explanation:
Two leading figures who shaped the revolutionary movements emerged during the wars of independence: Simón Bolívar and José de San Martín. These two revolutionaries became iconic figures for the Spanish American Wars of Independence. Bolívar was regarded throughout Latin America as a hero and liberator.
