A country has a comparative advantage in trade when it:

A. can produce a good more efficiently than another country.

B. has a lower opportunity cost producing a good than another
country

C. is the only country that produces a particular good.

D. produces all the essential goods its citizens require.

Answers

Answer 1

Answer:

Comparative advantage refers to the ability to produce goods and services at a lower opportunity cost, not necessarily at a greater volume or quality. Comparative advantage is a key insight that trade will still occur even if one country has an absolute advantage in all products.

Explanation:

thank me later

Answer 2

Answer:

When a country can produce at a lower opportunity cost than its trading partners, it has a comparative advantage. While a country cannot have a comparative advantage in all commodities and services, it can produce all goods with an absolute advantage.

Explanation:

What does low opportunity cost means?

A country has a comparative advantage in economic terms when it can produce at a lower opportunity cost than its trading counterparts. While a country cannot have a comparative advantage in all commodities and services, it can produce all goods with an absolute advantage.

Comparative Advantage-The ability to create goods and services at a lower opportunity cost, not necessarily at a higher volume or quality, is referred to as comparative advantage. The concept of comparative advantage states that commerce will take place even if one country has an absolute edge in all products.How does opportunity cost differ from country?

The fact that the two countries' opportunity costs differ shows the prospect of mutually beneficial commerce. Trade possibilities will lead to a higher level of specialization in both countries, specialization that reflects comparative advantage.

Learn more about Opportunity Cost here-

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Related Questions

#7

TRUE OR FALSE

Help plz..And No links!! I repeat No links!!

Answers

Answer:

true very true

Explanation:

similares between analog and digital

Answers

Answer:

in analog technology, information is translated into electric pulses of varying amplitude. In digital technology, translation of information is into binary format (zero or one) where each bit is representative of two distinct amplitudes.

They both are forms of technology that use waves

What IS one major drawback of globalization?

Answers

unequal economic growth

Answer:

Loss of culture.

Explanation:

Through globalization, many distinct features of culture and language are lost.  Diversity is lost as populations become more homogenized.

_____ emphasizes the relative stability of culture and its core values and believes that members of society function together

a.Conflict Theory

b.Structural Functional Analysis

c.Sociobiology

Answers

The correct answer is A) Conflict Theory.

Conflict Theory emphasizes the relative stability of culture and its core values and believes that members of society function together.

Under the principles of this theory, authors consider that culture is the result of different systems of production that are part of modern society.

For these authors, the Conflict Theory understands the structure of society as the sum of power differentials such as social class, race, and age. These concepts are reinforced by the way culture is expressed in these societies through dominant groups that have more opportunities than minorities.

Conflict theorists argue about who should use the law in order to reinforce their place in society. They say the powerful.

Conflict theory says that stratification, the presence of social classes-  is dysfunctional and harms society. It foments inequity because it favors the rich and powerful at the expense of the poor. This creates an unjust system of those who win versus those who lose. And powerful people maintain this hierarchy because it corresponds to their interests and agendas.

How did Muckrakers use the media to encourage reform (change)?

Answers

Answer:

The muckrakers played a highly visible role during the Progressive Era. Muckraking magazines—notably McClure's of the publisher S. S. McClure—took on corporate monopolies and political machines, while trying to raise public awareness and anger at urban poverty, unsafe working conditions, prostitution, and child labor.

Explanation:

have uh good day :))

Which of the following best describes how earthquakes occur?

A. two crustal plates suddenly slip pass each other

B. crustal plates move due to rotation

C. sound waves from crustal plates set off a vibration

D. crystal plates fall below each other​

Answers

A because it’s caused by slipping
A two crustal plates suddenly slip pass each other

When researchers conducted experiments to test whether ginkgo biloba improves memory and mental alertness, they found in before-and-after comparisons that scores on mental ability tests rose for both the experimental and the control group. The conclusion was that this was likely the result of _____ effects, because the participants' experience with the tests was the most likely reason that test scores improved in both groups.

Answers

Answer: practice

Explanation:

Practice effect could be defined as focusing on and carrying out an act repeatedly based on feedback of the previous till the practice improves.

Several practise can influence the result of an analysis, when a practice is carried out often, there is tendency that the result won't turn out the same, especially when done over some handful number of times, this is what describes a practise effect, and what the researchers realized from the report.

before classical greece what was the capital of creek

Answers

With a history of 3,000 years, Athens, the capital of Greece, is the oldest still inhabited city in Europe.

In Texas, the aim of Jose Angel Gutierrez in forming the political party La Raza Unida was to Group of answer choices select Latino candidates who would fight for better housing and jobs. campaign for better educational opportunities for Latinos. pressure grape growers into granting better working conditions. promote awareness of Mexican-American culture and heritage.

Answers

Answer:

select Latino candidates who would fight for better housing and jobs.

Explanation:

La Raza Unida was a political party created in Texas that was centered on Mexican-American nationalism. The party's founder, Jose Angel Gutierrez, aware of the problems faced by Latin Americans across the U.S., decided to create a party that would promote political representation to Latin Americans and create policies that would improve the conditions of employment and housing they were in. submitted.

La Raza Unida proved to be politically strong throughout Texas and Southern California, where there was a concentration of Latinos. This party launched an electoral campaign in several states, with the aim of attracting more Latinos willing to fight against inequality and prejudice.

Uncertainty Reduction Theory poses ________, or truisms drawn from past research and common sense, to explain the process of reducing uncertainty in initial interactions.

Answers

Answer:

Uncertainty Reduction Theory poses axioms, or truisms drawn from past research and common sense, to explain the process of reducing uncertainty in initial interactions.

yo meri mami ko lagta ha ki meri he aulad nikami ha jo sara din phone pa lagi rahti ha kash voh ap logo ko bhi janti hoti hahahahha
what is capital of India? ​

Answers

New Delhi is the answer

Cevap: ek te

hjıtgutmpoe5ıjtjore ldkreuytoı34k

WILL GIVE BRAINLIEST IF CORRECT

Name the war that this map
shows us locations of battles.

A) American Revolutionary War

B) War of 1812

C) 100 Years of war

Answers

A American revolution Ary war
American Revolutionary War I think

Who was Marie Antoinette?​

Answers

Answer:

Marie Antoinette was the last queen of France before the French Revolution. She was born an archduchess of Austria and was the penultimate child and youngest daughter of Empress Maria Theresa and Emperor Francis I.

Queen of France before the French Revolution, Marie Antoinette (1755–93) is famous for being overthrown by revolutionaries and being publicly guillotined following the abolition of the monarchy in France

Born: November 2, 1755, The Hofburg, Vienna, Austria

Died: October 16, 1793, Place de la Concorde, Paris, France

Explanation:

Marie Antoinette was the last Queen of France before the French revolution .

hope it is helpful to you


Is the government doing enough to ensure that human rights are protected? Explain

Answers

Answer:

Answer: Undoubtedly, every Government's foremost duty is to protect human rights. The Government has all the power and infrastructure such as the constitution, the judiciary, the police, etc. to do this. ... Wherever, any violation has happened, the Government has taken action and the offenders were brought to justice.

Explanation:

i can only answer that question sorry

LINKS AND IMPROPER ANSWERS WILL BE REPORTED!!

Write a letter from Marco Polo to his mother during his stay in China. In your letter you need to describe Kublai Khan and how he is treating you.

Answers

Answer:

MARCO POLO AND KUBLAI KHAN; Marco Polo on Meeting the Great Khan for the First ... in archery, Mongol warfare, Chinese martial arts, languages, letters. ... This description later inspired the English poet Coleridge to write his famous ... He has also a great number of concubines, and I will tell you how he obtains them.

This all i can find

Carr was shopping for a new racing motorcycle. He told Springsteen, the motorcycle dealer, that he needed the motorcycle to race on one-mile dirt tracks. Springsteen suggested that Carr buy a certain motorcycle that was designed for half-mile dirt tracks. When racing on a one-mile track, Carr was easily passed by his competition due to his bike being underpowered. What type of warranty has been breached

Answers

Answer:

The implied warranty for fitness for a purpose has been breached.

Explanation:

The implied warranty of fitness for a particular purpose occurs when the seller understands that the product is suitable for carrying out a specific activity and assures the buyer that when purchasing the product the activity will be carried out successfully. This activity is something very specific and is guaranteed with the purchase. As we can see in the question above, the seller assured Carr that the motorcycle he was buying was suitable for the race he wanted to participate in, but that was a lie, since the motorcycle did not have enough power to carry out the race. In this case, we can say that the implied warranty of fitness for a particular purpose has been violated.

According to above excerpt, the implied warranty for fitness for a purpose has been breached.

What is the term implied warranty about?

The implied warranty of fitness for a particular purpose occurs when the seller understands that the product is suitable for carrying out a specific activity and assures the buyer that when purchasing the product the activity will be carried out successfully.

Moreover, this activity is something very specific and is guaranteed with the purchase. The seller assured Carr that the motorcycle he was buying was suitable for the race he wanted to participate in, but that was a lie, since the motorcycle did not have enough power to carry out the race.

Learn more about warranty, refer to the link:

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Why did many Texans move from rural areas to cities after WWII?
1.Rural areas became too populated
2.Crimes in cities decreased
3.Crimes in rural areas increased
4.Cities provided more job opportunities

Answers

Answer:

4

Explanation:

With the rise of the industrial revolution, farming equiptment increased in quality, and fewer rural area jobs were required to support the population.  Therefore, many Texans moved to cities for job opportunities (they didn't have as many job opportunities in the rural areas).

Rebecca stops after reading two or three paragraphs in her psychology text. She rehearses and thinks about the material she has just read before continuing on. The aspect of memory Rebecca is most concerned with is the limited duration of

Answers

The correct answer to this open question is the following.

Although you forgot to attach the options to this open question we can say the following.

Rebecca stops after reading two or three paragraphs in her psychology text. She rehearses and thinks about the material she has just read before continuing on. The aspect of memory Rebecca is most concerned with is the limited duration of short-term memory.

Psychologists refer to this short-term memory as the active memory that is able to store few pieces of information in the brain and the individual can access it for a short period of time. Scientists believe that the duration of this information could be of 30 to 40 seconds.

This type of memory is brief and limited.

20 POINTS
Which three mathematical achievements were made during the Gupta dynasty?
A) the calculation of pi
B) the recognition of prime numbers
C)the idea of zero as part of a system of numbers
D)the creation of Arabic numerals

Answers

Answer:

a , c , d

Explanation:

Answer:

1. The calculation of the value of pi

3. The idea of zero as part of a system of numbers

5. The creation of Arabic numerals

Explanation:

Which organism lived during the Mesozoic era?


trilobite


dinosaur


cyanobacteria


wolf

Answers

Dinosaur, but some sea animals lived before the Dinosaurs but since you do not have any sea animals it’s going to be Dinosaurs. Here’s a picture to state my answer.

suggestion to utilize the remittance​ properly?

Answers

Answer:

Utility of Remittance :

Remittances can be used for any type of payment including invoices for business purposes or other obligations like personal transfers made to family and friends.

According to the World Bank, 2019 Migration and Development Brief, $529 billion in remittances were sent to low and middle-income countries in 2018.

1.)Read the section "The Political Machine." Which sentence from this section supports the conclusion that the bosses did illegal things to stay in power?

2.)Read the introduction [paragraphs 1-2]. Select and explain the sentence from the section that shows WHY it was hard to be a leader in the Gilded age.

3.)Read the following selection from the section "Boss Tweed."
“”A passionate attorney named Samuel Tilden convicted Tweed of theft and forgery. Forgery is producing a fake document, like a check. It is a major crime. Tweed's rule came to an end in 1876. Tweed mysteriously escaped from prison and traveled to Spain, where he was spotted by someone who recognized his face from Nast's cartoons.””
Which word from the selection helps the reader to understand the meaning of "recognized"?
4.)Read the following selection from the section "The Political Machine."
“”To maintain power, a boss had to keep his voters happy. Most bosses appealed to the newest, most desperate part of the growing population — the immigrants. During this time, many new immigrants came into American cities.””
What is the meaning of the word "maintain" as it is used in the selection above?
I Need Help plzs This assignment is due today. Its called Gilded Age Corruption Ran wild in Major cities.

Answers

Explanation:

the story is mostly about the law

The "untouchables" were part of the highest caste in Aryan society.
O False
O True​

Answers

Answer:

false

Explanation:

because the untouchables caste was known as shrudhas this was the lowest cast in the Aryan society

Answer:

This is False.

Explanation:

The Untouchables were the lowest caste in the Aryan society, they were called untouchables because they had the strictest rules. For example:

-They slept in the day and did their work at night, in pitch dark.

-They usually had difficualt jobs that the higher ranks did not want to do.

-They weren't allowed to eat with higher ranks

-They weren't allowed to marry higher ranks

Dale has been diagnosed with a specific phobia. His therapist asks him to imagine a time when he was very relaxed. Once he achieves that relaxed state, the therapist asks him to imagine the feared object and then eventually works with him to be relaxed in the presence of the real object. This procedure is completed in gradual steps. Which technique is his therapist using

Answers

I believe it’s called Graded exposure therapy but I’m not sure

What happened to the enslaved people when they arrived in the Caribbean? Why was this, for some, possibly the worst part of the voyage?

Answers

Tobacco, coffee, and livestock were all produced as well using slave labor. Sugar, however, stands out most prominently due to its exorbitant popularity during the time period and the dangers of its production, which claimed the lives of many enslaved people.

Hope this helps!

What is a nonrenewable resource?
A: a resource that only provides food

B:a resource that can only be replaced by humans

C:a resource that can grow back in a short period of time

D:a resource that cannot grow back or be replaced

Answers

Answer:

D:a resource that cannot grow back or be replaced

Explanation:

D is the correct answer

Nepal is not developed because it lacks skilled human resource.Do you agree?Give your logics.​

Answers

Answer:

Yes

Explanation:

Prolonged political instability, change in the government, and frequent transfers of employees have directly affected the implementation of Nepal's projects. Problems are also there in auditing and project award contracts.

How can you be an exemplary person in the society?

Answers

1. BELIEVE IN YOURSELF , Believing in oneself is the essential first step in developing leadership competencies. The best leaders are learners, and no one can achieve mastery until and unless they truly decide that inside them there is a person who can make a difference and learn to be a better leader than they are right now.

2. ASPIRE TO EXCEL , To become exemplary leaders, people have to determine what they care most about and why they want to lead. Leaders with values-based motivations are the most likely to excel. They also must have a clear image of the kind of leader they want to be in the future — and the legacy they want to leave for others.

3. CHALLENGE YOURSELF ,Challenging oneself is critical to learning leadership. Leaders have to seek new experiences and test themselves. There will be inevitable setbacks and failures along the way that require curiosity, grit, courage, and resilience in order to persist in learning and becoming the best.

4. ENGAGE SUPPORT , One can’t lead alone, and one can’t learn alone. It is essential to get support and coaching on the path to achieving excellence. Whether it’s family, managers at work, or professional coaches, leaders need the advice, feedback, care, and support of others.


5. PRACTICE DELIBERATELY , No one gets better at anything without continuous practice. Exemplary leaders spend more time practicing than ordinary leaders. Simply being in the role of a leader is insufficient. To achieve mastery, leaders must set improvement goals, participate in designed learning experiences, ask for feedback, and get coaching. They also put in the time every day and make learning leadership a daily habit.

GIVING BRAINIEST IF CORRECT!!!!
According to the following document, what "right" were women historically denied [by men]?

"We hold these truths to be self-evident: that all men and women are created equal; that they are endowed by their Creator with certain inalienable rights; that among these are life, liberty, and the pursuit of happiness…

"The history of mankind is a history of repeated injuries...on the part of man toward woman... To prove this, let facts be submitted to a candid world.

"He has never permitted her to exercise her inalienable right to [elect political representatives]…

Source: Excerpts from the Declaration of Sentiments, Seneca Falls Convention (1848)

1. Vote in political elections
2. Trial by jury
3. Freedom of speech
4. Freedom of the press

Answers

Number 1 I know is correct

Imagine you visit the great wall of chaina .write a diary use in internet resource to collect the facts

Answers

Answer:

CFDSSSSSSS

Explanation:

FFFAAAAAAAAAADDDAAAAAAFAAC

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