Two countries will have zero incentive to trade if their production-possibilities curves are parallel straight lines because <u>the opportunity costs for both the countries is the same, and one country has complete advantage in the good's production, which is why no incentive is provided for that country's trade.</u>
The term production possibility curve refers to the the graph where we see all the different combinations of output that can be produces using the present resources as well as technology.
Production possibility curve is also known as production possibilities frontier sometimes and they usually show tradeoffs as well as scarcity, through the graph.
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Answer:
He reduced regulations on businesses
Explanation:
The way President Reagan addressed the "crisis" was buy introducing a policy that was dubbed "Reaganomics" and was called "free market economics" by President Reagan himself.
This economic policy included reduction of the growth of government spending, reduction in income tax, reduction of government regulation on businesses, and the tightening of money to reduce inflation.
Answer:
civil justice system
Explanation:
Civil justice system can be explained or described as a method of achieving or getting a fair solution by a person , most especially when he/she was harmed or injured through the recklessness or negligence of other person.
This civil aspect of justice system requires that the system be accessible and affordable , free of discrimination , free of corruption , and without improper influence by public officials , among others.
In conclusion, this justice system allows an individual to sue for money damages and obtain recovery for injuries.
European "exploration" or colonization led to the decimation of East African culture and the systemic slaughtering, enslavement, and subjugation of the East African people by the Europeans.
Hi!
We're going to be covering this under non-fiction. Non-fiction covers real world events, which actually happened.
Fiction will focus on imaginary scenarios, people, places, etc. Since President Kennedy was a real person, this will be non-fiction.
Other more specific possibilities could be a biography or a documentary.
Hopefully, this helps! =)
