A country imports goods and services worth $700 million and exports goods
and services worth about $500 million. This means that the country has an)
a. trade surplus
b. trade deficit
c. comparative advantage
d. absolute advantage

Answers

Answer 1

Answer:

B. trade deficit

Explanation:

just did it on a-p-e-x

Answer 2

A trade deficit occurs when a country imports more goods and services than it exports. In this case, the country is importing goods and services worth $700 million and exporting goods and services worth about $500 million, indicating a trade deficit of $200 million. The correct option is b.

What happens with a trade deficit?

The salaries of domestic workers are lowered when there is a trade deficit, placing many of them in lower-income tiers. Saving money is typically far more difficult for low-income families. Decreases in national savings can and do result from growing trade imbalances.

A trade surplus, on the other hand, occurs when a country exports more goods and services than it imports.

Comparative advantage and absolute advantage refer to a country's ability to produce a particular good or service more efficiently than other countries. They are not directly related to trading deficits or surpluses.

Thus, the ideal selection is option b.

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Related Questions

Which term describes a situation in which one country can produce more of a
product than other countries?
a. surplus advantage
b. absolute advantage
c. deficit advantage
d. comparative advantage

Answers

Answer:

D. Comparative advantage

Explanation:

The term describes a situation in which one country can produce more of a product than other countries is absolute advantage. Thus option (b) is correct.

Absolute advantage is the term that describes a situation in which one country can produce more of a product than other countries.

According to the theory of absolute advantage, a country has an absolute advantage in the production of a good if it can produce more of that good with the same amount of resources or produce the same amount of the good with fewer resources than another country. Therefore, option (b) is correct.

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what is the most powerful way to create change in a democratic society?

Answers

Answer:

Explanation:

better call saul!

Answer: Voting

Explanation:

In a democratic society, the most influential things you can do are to vote and to peaceful protest. But if that doesn't work, you can just take after our stupid country (US) and riot, burning down cities, looting, and when that doesn't work, undermine the democracy and maybe start WW3 in the meantime.

The table shows the total number of ships and planes two countries could
each produce if they fully devoted their economic resources to producing one
or the other. The data in the table most support which conclusion?
Number of ships produced
per day
Number of planes produced
per day
Country A
100
50
Country B
60
20

Answers

Answer:

Country A has a comparative advantage of producing planes

Explanation:

The conclusion that is backed most adequately would be "Country A has a comparative advantage of producing planes."

Given the data,

Country A can produce 100 ships per day in comparison to country B's 50.

Country B can produce 60 planes per day in comparison to country B's 20.

This shows that,

Country A possesses a significant lead over the latter in terms of producing planes using the available resources efficiently in comparison to Country B.

Thus, option A is the correct answer that offers a worthy and valid conclusion.

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Jim and Larry are in the middle of a fight. Jim throws Larry headfirst into a car causing Larry to lose consciousness. What crime?

Answers

Self Defense but it’s manslaughter

Who is the the victim, complainant, and main suspect in Coolidge v. New Hampshire ?

Answers

Answer:

Suspect: Coolidge

victim: Pamela Mason

complainant:sate of new hampshire

On the 4th of July, Anne and Sam have a picnic at a county campground near Sam's
house, where they rented a campsite. After dark, they set off firecrackers in a camp fire they built in a fire pit at their camp site. When they left the campground, they do not
put out the fire; they left some firecrackers scattered around on the ground. Later that
night, a spark from the fire ignited one of thefirecrackers, starting a fire. The fire spread
and burned an administration building at the campground. Which of these has occurred?
A.arson
B.possession of a terrorist's firebomb
C.felony arson
D.none of these is the correct answer

Answers

Answer:

A: arson

Explanation:

LMNOP Corp. has been convicted under the Sherman Act for two distinct and separate violations. LMNOP may be fined as much as _____ for these two violations.

Answers

Answer:

200 million dollars.

Explanation:

The Sherman Law is an anti-trust law implemented in the year 1980 to outlaw market monopolization and anticompetitive agreements among businesses and corporations. The Sherman Antitrust Act states that corporates that violate the law would be subjected to a fine of about 100 million dollars per violations.

Therefore, if LMNOP Corp. has been convicted of two distinct and separate violations under the the Sherman Act, LMNOP may be fined as much as 200 million dollars for these two violations.

What are the benefits and drawbacks of ID requirements for voting?

Answers

Voter identity cards have the following benefits:

a trustworthy method of identification.a declaration that a voter is legitimately registered.To increase confidence that the voter is who he or she claims to be, the ballot may include many identifying elements, such as a portrait, signature, fingerprints, etc.

drawbacks

Either the government, the electorate, or both must foot the enormous costs. The proportion of eligible voters who receive an identification card will inevitably drop if the cost is passed on to the voter. may be created to address low literacy rates

What are the more drawbacks of id?

When many voters lack a fixed address, an effective means of identification may be used.enables voting in places where the voter might not be directly recognizedcan be distributed alongside campaign materials for voter educationThe card may disappear.

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Question 6 of 10
Which term describes a situation in which one country can produce more of a
product than other countries?

Answers

Absolute Advantage

Explanation:

just got it right on my test?

Answer: Absolute advantage

Explanation: A P E X

Are college courses that I take after school in highschool considered electives a-g??

Answers

Answer:

not understand the question

Should a Female with the same Qualifications as a Man, if selected for an Executive Position formerly held by a man, be paid the same salary as her counterpart prior to her?

Answers

Answer:

The simple answer is yes a female should be paid the same, but often this is not the case.

Explanation:

Morally, yes a female with the same qualifications and experience should be paid the same salary as the counterpart prior to her, though it is not a law that there can't be a wage gap between women and men and this is most commonly not a reality. Women are often paid less than men with the same degree, qualifications, and experience, especially if the woman is part of a racial minority, or in a male dominated industry. Often, employers are able to find loopholes and reasons, "justifying" this unjust wage gap.

can Nevada count those votes any slower jeez

Answers

right? like nevada please hurry up ;;

Which of the following crime scene documentation mediums is most beneficial for
avoiding distortion?

photography
videotaping
crime scene sketching
audio recording
( FORENSIC EVIDENCE) PLS HELP ITS A TEST ILL GIVE BRAINLIEST

Answers

Photography should be the answer

What does Feldman explain as being the three extraordinary components of the Constitution?​

Answers

Answer:

The three parts of the Constitution are the preamble, the seven articles, and the amendments. The preamble sets forth the purpose of the Constitution. The articles define the country's governing structures. The amendments present the Bill of Rights and deal with voting rights, presidential succession, terms of office, and other issues.

Explanation:

One is freedom of speech. This was an innovative idea at the time. Namely, that if you were out of power, you could still say that the government was terrible.Two civil society organizations. The capacity to put together private groups, individuals, political parties, and others who would organize to try to bring about fundamental change. Perhaps most significant was the separation of powers. the president needs people, elected officials who know they need to win elections from centrist voters and also to back his or her policies in order to pass laws. Without it, nothing much happens.

explain the relation ship between saving and development​

Answers

there is a two-way relationship between savings and

economic growth. His results also showed that an increase in savings and capital

accumulation will lead to higher income and economic growth.

The results indicate that there is a two-way relationship between savings and economic growth. His results also showed that an increase in savings and capital accumulation will lead to higher income and economic growth.

Ted Butters, using a brick, broke a window in
a house at 1742 Head Court. He entered
the home and was in the process of stealing
a VCR when he was frightened and left the
home without the VCR. Ted, if arrested,
should be charged with:

A. unlawful entry
B. theft
C. destruction of private property
D. burglary and destruction of private property

Answers

Answer: I think he should be charged with all of the above.

If you can only pick 1 than I would go with unlawful entry.

Explanation:

methods of identifying an inmate who is to receive medication.

Answers

Answer:

Effective classification is now regarded as critical to the

operation of a safe, secure facility. As a management tool,

classification is considered essential for assessing and

meeting the needs, risks, and constitutional rights of each

offender through appropriate housing, work, programs,

and activities, while at the same time maintaining the

security and safety of the facility and community.

Explanation:

yee

Which describes a job duty of a telecommunicator ?

A.train lawyers to win cases

B. identify drugs at a crime scene

C.teach Constitutional Law

D.dispatch the proper personnel to a call

Answers

The answer is d.dispatch the proper personnel to a call
D is the answer because it says telecommunicator and that’s what dispatch does
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