Answer
Hi,
If the opportunity cost of producing a particular good is lower for one producer than another, the former producer has comparative advantage for producing the good.
Explanation
A comparative advantage occurs when a producer is able to produce goods by using fewer resources at a lower opportunity cost. Increasing the production of one good will mean that less goods for another can be produced. This theory is advantageous in free trade because a producer can be able to realize higher output gains by selling goods in which he or she enjoys comparative advantage.
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Answer:
True
Explanation:
The Townshend Acts were a series of measures, passed by the British Parliament in 1767, that taxed goods imported to the American colonies. But American colonists, who had no representation in Parliament, saw the Acts as an abuse of power. The British sent troops to America to enforce the unpopular new laws, further heightening tensions between Great Britain and the American colonies in the run-up to the American Revolutionary War.
Answer:
to make an exchange of goods and services
Answer:
It is largely because of Mecca and Medina, which are deemed to be sacred cities, cherished by a billion Muslims across the globe. Mecca is home of the Kaabah situated in Masjidul Haram. It is a cubical building, which was initially built by Prophet Ibrahim, and his son, Ismaeel.
Explanation:
It is the holiest of Muslim cities. Muhammad, the founder of Islam, was born in Mecca, and it is toward this religious centre that Muslims turn five times daily in prayer (see qiblah). All devout and able Muslims attempt a hajj (pilgrimage) to Mecca at least once in their lifetime.
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