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Oduvanchick [21]
2 years ago
14

One poor country produces nearly 97% of the quinoa consumed around the world, and most of it is sold to wealthy nations. Althoug

h there are other areas where the seed will grow, the majority of the quinoa sold is imported from this area. This country has a(n) __________ in the production of quinoa.
Business
1 answer:
Mariana [72]2 years ago
3 0

The poor country has an absolute advantage in the production of quinoa.

<h3>What is absolute advantage?</h3>

A country has absolute advantage in the production of a good or service if it produces more quantity of a good when compared to other countries who produce the good.

For example, if a country produces 97% of a good, it means it produces majority of the good. This indicates that the country has absolute advantage in the production of the good.

To learn more about absolute advantage, please check: brainly.com/question/25812820

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Eastern europe has become successful at manufacturing automobiles and ________ products.
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<span>Eastern Europe has become successful at manufacturing automobiles and Electronic products. In actuality, Central and Eastern Europe (CEE) have emerged as a global leader in the electronics industry. Hungary has been the area to experience the most growth in the electronics world.</span>
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What does the CFO of a company do? A. Manage the financial health of the company B. Manage the technological areas of the compan
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A Is the correct answer I think CFO stands for Chief Financial Officer. 
4 0
3 years ago
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Because there is so much unpredictability in all supply chains, companies must use ___ to make supply chain decisions.
algol13

Because there is so much unpredictability in all supply chains, companies must use Supply Chain Management to make supply chain decisions.

<h3 /><h3>Supply Chain Management: What Is It?</h3>
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8 0
2 years ago
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According to the simple monetary model, if money is growing at 5% in the United States and 6% in the United Kingdom, while real
Murrr4er [49]

Answer:

A)

Since the money supply is growing at a much faster rate than real GDP in the US, this means that the inflation rate in the US will be higher than the inflation rate in the UK. In both countries the money supply is growing at a faster rate, but the difference in the US is larger (money supply is growing 67% faster that real GDP), while the money supply in the UK is growing 20% faster than real GDP.  

This means that the US dollar should depreciate against the British pound.

B)

If you have US dollars, then you should increase your investments in the UK because the pound will be worth more US dollars in the future.

C)

More American goods should be exported to the UK, and less British goods should be imported to the US. Since the US dollar should be cheaper, American products are cheaper. The opposite will happen to British products.

7 0
3 years ago
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