The correct answer is "The founders of American Democracy would not have expected corruption in Philadelphia."
The orator appeals to its "Pathos" or appealing to the sentiment of the people who are listening to him by reminding them that under that same hall the "Fathers of American liberty" voted there once.
I think you forgot to give the options along with your question. I am answering the question based on my research and knowledge. "laissez-faire economics" is the term that is used to describe the <span>belief that capitalism operates best with the least government regulation. I hope that the answer has helped you.</span>
Answer:
What do pollution, education, and your neighbor's dog have in common?
No, that's not a trick question. All three are actually examples of economic transactions that include externalities.
When markets are functioning well, all the costs and benefits of a transaction for a good or service are absorbed by the buyer and seller. For example, when you buy a doughnut at the store, it's reasonable to assume all the costs and benefits of the transaction are contained between the seller and you, the buyer. However, sometimes, costs or benefits may spill over to a third party not directly involved in the transaction. These spillover costs and benefits are called externalities. A negative externality occurs when a cost spills over. A positive externality occurs when a benefit spills over. So, externalities occur when some of the costs or benefits of a transaction fall on someone other than the producer or the consumer.
Explanation:
Anglo-Russian Entente, (1907) pact in which Britain and Russia settled their colonial disputes in Persia, Afghanistan, and Tibet. It delineated spheres of influence in Persia, stipulated that neither country would interfere in Tibet's internal affairs, and recognized Britain's influence over Afghanistan.France and Russia
Answer:
Yes there would be a gain to the United States from importing any of those products from Britain because it only has absolute advantage not comparative advantage.
Explanation:
Absolute advantage in international trade is the ability of a nation to produce more goods with its resources without considering that there might a better alternative to which resources can be deployed that would yield more output compared to its trading partners.
While on the other hand ,comparative advantage is when a country has a lower opportunity costs in producing an item compared to its rival nations.
Which means the country that has comparative advantage is given up less opportunities when producing its desired goods viz-a-viz its competing nations.
In other words,absolute advantage does not guarantee efficiency,only comparative advantage does.
