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enyata [817]
3 years ago
9

India’s low-cost labor market and abundant supply of talented engineers gives it a(n) _________ in the international trade marke

t.
A. economic barrier
B. technological barrier
C. political barrier
D. comparative advantage
absolute advantage
Business
1 answer:
zheka24 [161]3 years ago
6 0

Answer:

economic barrier is correct answer

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I'd definitely use paper products. Firstly they are less expensive than other types. Secondly it would save my factory money. According to usi.edu the construction costs of paper mills designed to use wasted paper is "<span>50 to 80% less than the </span>cost<span> of </span>a <span>mill using new pulp." Thirdly it is renewable because I could plant trees after I cut some down for my factory. </span>
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You need to know more than just facts in order to use critical thinking skills.
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5 0
3 years ago
How does PDIC provides insurance?
slamgirl [31]

Answer: Philippine Deposit Insurance System.

Explanation:

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7 0
3 years ago
What type of economic system are you a part of? Write your answer in a short paragraph
Mila [183]

Answer:

Mixed economic system

Explanation:

A mixed economy is an economy systems that combine both the attributes of capitalism and socialism. That is some of enterprises of the economy are owned and controlled by the government while the rest are left in the hands of private individuals. In some instances, both of them participate in a sector of the economy. For example, in the Nigeria's electricity sector, the federal government generates electricity while private individuals distribute it.

Further explanation for a better understanding:

Basically, there three types of economic system: capitalism, socialism and mixed economy.

Capitalism is an economic system in which the control of trade and industry is in the hands of private individuals. That is, these private individuals are the owners of means of production and the profit that may be derived from them. It believes that the government should not have any hand in running the economy but just concentrate on politics. The main characteristic of the system is that price is used in allocating the resources of the economy.

Socialism is an economic system in which the control of trade and industry of country is left in the hand of the community as a whole which is the government. That is, the means of production, distribution, and exchange are owned and controlled by the government. The main characteristic of the system is that government determines how resources are allocated in the economy.

A mixed economy combines both capitalism and socialism as explained above.

I wish you all the best.

8 0
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