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avanturin [10]
3 years ago
10

To achieve gains from trade, each nation should specialize in the production of a good or service if:

Business
1 answer:
irinina [24]3 years ago
3 0

Answer:

A

Explanation:

A country gains from trade if it specialises in the production of the good for which it has a comparative advantage

A country has comparative advantage in production if it produces at a lower opportunity cost when compared to other countries. this means that the country can produce the good by forgoing fewer alternative products

For example, country A produces 10kg of beans and 5kg of rice. Country B produces 5kg of beans and 10kg of rice.  

for country A,  

opportunity cost of producing beans = 5/10 = 0.5

opportunity cost of producing rice = 10/5 = 2

for country B,  

opportunity cost of producing rice = 5/10 = 0.5

opportunity cost of producing beans = 10/5 = 2

Country A has a comparative advantage in the production of beans and country B has a comparative advantage in the production of rice

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Eat at State is considering buying a new food truck. It will cost $65,000, but is expected to generate $20,000 in sales over the
Afina-wow [57]

Answer:

It is not advisable to buy the food truck, since over the 4 years of investment it will show a loss of $ 40,000.

Explanation:

Since Eat at State is considering buying a new food truck, and it will cost $ 65,000, but is expected to generate $ 20,000 in sales over the next 4 years, and at the end of the 4th year, the truck will be sold to Eat Like a Wolverine in Ann Arbor for $ 10,000 (after taxes), and it will require $ 5,000 in additional Net Working capital that will not be recovered when the truck is sold, and the Dean of Food Services will only authorize the purchase if it is cash positive by the end of the 4th year, to determine, using the payback period method if the truck should be purchased and why, the following calculation must be performed:

-65,000 + 20,000 + 10,000 - 5,000 = X

-70,000 + 30,000 = X

-40,000 = X

Therefore, it is not advisable to buy the food truck, since over the 4 years of investment it will show a loss of $ 40,000.

3 0
3 years ago
A borrower takes out a 30-year adjustable rate mortgage loan for $200,000 with monthly payments. The first two years of the loan
Lana71 [14]

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$1,067 is the correct answer.

Explanation:

8 0
3 years ago
When a financial instrument includes a _________ provision, allowing the issuer to the option to retire the financial instrument
Oduvanchick [21]

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The correct word for the blank space is: callable.

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A Callable Provision -typically referred when talking about bonds- is one that can be paid back to the issuer partially or in full before its maturity date. This provision allows the financial instrument issuer to replace higher than market instruments with ones lower.

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3 years ago
_______, which captures the cultural fit between different firms, is one key element needed when selecting an alliance partner.
notsponge [240]

Partner compatibility which captures the cultural fit between different firms, is one key element needed when selecting an alliance partner.

Value creation through alliances requires the simultaneous pursuit of companions with similar traits on certain dimensions and extraordinary traits on other dimensions. Partnering firms need to have distinctive aid and functionality profiles yet percentage similarities of their social establishments. In this text, the authors empirically have a look at the impact of companion traits on the overall performance of alliances. specifically, they check hypotheses associated with both direct effect of associate characteristics on alliance performance and oblique effects through relational capital aspects of the alliance. Empirical effects based totally on a pattern of alliances within the global creation contracting industry advocate that complementarity in accomplice sources and compatibility in cultural and operational norms have distinctive direct and indirect results on alliance performance. Accordingly, organizational routines geared toward companion choice want to be complemented via relationship management routines to maximize the capacity benefits from an alliance.

Learn more about Partner compatibility here:-

brainly.com/question/25012970

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6 0
1 year ago
Yesterday, lorinda overheard a surprisingly unpleasant encounter between the manager of the hardware store where she works and a
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Such people that have this type of behaviour are usually bitter and hostile when others make requests.

Such people can sabotage an operation intentionally because they are aggrieved

intentionally delaying or making mistakes when dealing with other peoples' requests.

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They also don't feel appreciated anfand make complains about it most of the time

frequently complaining about feeling underappreciated or deceived

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3 years ago
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