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o-na [289]
2 years ago
11

Explain why most trade occurs because of comparative advantage. Be sure to provide examples from the data tables or from the les

son to support your answer.
Business
1 answer:
Murljashka [212]2 years ago
4 0

Most trade is due to the comparative advantage of an organization's ability to produce a good or service with lower marginal cost and opportunity cost.

As an example, we can cite trade between Africa and the United States, where Africa markets agricultural products such as corn and citrus to the US, and the US markets technological products such as computers to Africa.

Therefore, companies will use comparative advantage to acquire goods and services at lower prices than other competitors.

Learn more here:

brainly.com/question/7780461

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Answer:

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If the businessmen want to purchase some American Properties them will need to exchange the Koruna by the Dollar, it means Sell Koruna to buy dollar,which is,  increase the Koruna supply and increase the demand by dollars.

It exchange will appreciate the dollar value because of an increase in the Dollar demand as the supply keeps at the same level.

While the Czech Koruna will see its price decrease because of the increase in the supply of Koruna while the demand of Koruna keeps at the same level,

In the meantime, the American Export see their market negatively affected by the increase in the dollar price, as the dollar increase its value and will be more difficult to the Americens sell their products to the rest of the world, because others countries need more money for each dollar.

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A

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Which dimension of the general environment represents the demographic characteristics, norms, customs, and values of the populat
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