Answer:
International trade theory
Explanation:
International Trade Theory has emerged to understand and explain the mechanisms that lead nations to specialize and market goods and services. To this end, the theory explains the concepts of domestic demand, international rivalry, and the endowment of factors of production (capital, labor, and natural resources) that each country has to suggest that all countries can benefit through international trade if each country specialize in where it has a comparative production advantage.
Comparative advantage is an economic concept that aims to explain differences in production and trade between two different countries or nations, based on the same product. The idea is to analyze which stakeholder has the lowest opportunity cost of the same good. Opportunity is a concept associated with productive efficiency, which aims to measure how much a country fails to earn in other activities when deciding a given good. Thus, the country with the lowest opportunity cost will have higher productive efficiency and consequently will have the comparative advantage in the production of the good. Thus, this country will specialize in the production of this good and other countries will produce other goods for which their respective opportunity costs are lower. Then countries trade products in international trade and everyone wins.
ANSWER – A. A taxable termination
Since John, who is grandfather’s direct son is deceased, only
the skip person (Paul, grandfather’s grandson) will be the beneficiary and the $1,500,000
will pass outright from grandfather to Paul, grandfather's grandson. This event
be a taxable termination.
Answer:
D. It governs how individuals can create new policies.
Explanation:
The rule of law is based on governments' compliance with the laws and regulations of a government. Therefore, a rule of law is the one that guarantees, from a democratically governed state and subject to the country's legislation, as the first foundation of its actions, the fulfillment of basic elements that promote a dignified life for all citizens.
In short, the rule of law states that all spheres of government are required to obey the laws and promote a good life for their citizens. This concept explains how government as individuals can create new policies, that is, under the rule of law, government can create new policies that are within national laws and improve the lives of the population.
Land-ovens baking trays shovels storage racks and containers
labor- convert a spare room into a kitchen, design a menu and website, make samples ect..
physical- attend a seminar on chocolate making, watch a video abt cake decorating
human- eggs milk and frozen chicken meat
