why does global trade take place?

Answers

Answer 1

Answer:

because one country enjoys a comparative advantage in the production of a certain good or service.

Explanation:

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Related Questions

how to calculate return on common stockholders equity

Answers

It is calculated by dividing earnings after taxes (EAT) by equity in common shares, with the result multiplied by 100%. The higher the percentage, the greater the return shareholders are seeing on their investment.

what are some objections that you may hear from a potential employer?

Answers

Some objections that you may hear from a potential employer are :

We may not be able to pay you a salary that is comparable to your last job.I'm concerned you will not fit in with our established teams.

During an interview phase, employer or interviewer usually pose objections which could deter the person being interviewed.

The objections in an interview process should be an opportunity to :

Iron out any difficulties in an application.Put any concerns to bed.Close the deal.

Other commonest objections that you may hear from a potential employer are :

You’ve held a lot of jobs in the past few years, and we’re concerned you might not stick around long.I don't think you have enough experience for the position.I think you may have too much experience for the open position.

However, the idea should be to overcome the objections by responding in a way that defuses the validity of the objection.

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Can someone help me with this question?

Answers

I would think it’s social media marketing

Answer:

My opinion social media marketing

i am so coufued "what i am going to in future, i am very good in art and math and cooking and pe?

Answers

Answer:

you can be a artist or chef

Answer:

You can start up an art themed restaurant.

Explanation:

You are very talented, you could even enter cooking shows to practice and improve on ur cooking skills.

Very many people have are paintings in their homes, selling your art could earn you plenty of income.

PLEASE MARK BRAINLIEST :))

Most people are very sensitive to risks and therefore will avoid them whenever possible. Please select the best answer from the choices provided T F.

Answers

The statement that the people very sensitive in taking risks totally avoid risks whenever possible is a TRUE statement. Such people do not fall under the category of risk-takers.

Risk ability is referred to as the desire to take risk based upon their risk profile and factors contributing to such decision like age, financial stability, responsibilities, etc.

Risk profile

The person who are willing to take risks and move ahead are called the risk-takers. Whereas, people who are very reluctant and hesitant in taking risks are referred as the risk aversers in business terms.

Risk aversion is the condition in which the person might not accept the difficult and extra rewarding alternative as there is a risk involved given that factors like age, stability, responsibilities, etc. also apply.

To explain this, it can be stated that a risky investor doesn't sell off his securities if their market value is declining, however a risk sensitive person will sell them early to avoid further losses.

Hence, the statement regarding the risk sensitive person's ability to avoid risk whenever possible is TRUE.

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Answer:

TRUE

Explanation:

EDGE2022

Pretend you are a highschool student who makes minimum wage. You want to buy a new car, but you are $10,000 short. You are looking at the two loans identified below. Explain which loan is more appealing and why you would choose that over the other. Use details to support your answer.


Thanks for the help!!!​

Answers

Firstly, Loan A has a lower interest rate (0.25% lower) and therefore the interest payed is lower ($209.49 cheaper) and of course the total paid is lower for Loan A.

The benefit of Loan B is the term of payment is longer and the monthly repayments are lower. This could be good for someone working minimum wage due to having a low income.

In conclusion, I think Loan A would be better due to the interest being lower which is always a plus for loans.

Liam has purchased a fee-for-service health insurance plan from Leroux Health Insurance. Plan A includes a $248. 00 monthly premium and an annual deductible of $5,500. 00 (not including co-pays). Liam is a fairly healthy young man. He visits his primary care physician three times a year on scheduled visits. He sees a chiropractic specialist every week to help with lower back pain. He has no current prescriptions that need refilling regularly. Assuming Liam maintains his regular visits with his primary care physician and his chiropractor, and avoids any trips to the emergency room or urgent care, how much will Liam pay in health care related fees this year? Leroux Health Insurance Plan A Cost: Monthly Premium: $248. 00 Annual Deductible: $5,500. 00 Co-pays: Brand-name Prescriptions $35. 00 Generic Prescriptions $15. 00 Visits: Primary Care Physician: $40. 00 Specialist: $60. 00 Urgent Care: $125. 00 Emergency Room: $325. 00 a. $716. 00 b. $3,816. 00 c. $5,500. 00 d. $6,216. 0.

Answers

Liam would have to pay $6216 in health care related fees this year. Option D is right

The total expenses that Liam's health would incur are:

Monthly premium at 248 * 12 months in a year

= 2976

52 visits to the specialist at 60 dollars

= 52*60

= $3120

3 Visits to the primary care physician at 40 dollars

= 3*40

= $120

Then Liam's total expenses would be =

$2976 + $120 + $3120

= $6216

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How can you say that Economics is a science of choice??​

Answers

Answer:

Your answer is attached above

hope it helps

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It's really important plzz dont ignore plzzz

Discuss five of the essential components of the venture formation process.

Answers

Answer: It is useful to break the entrepreneurial process into five phases: idea generation, opportunity evaluation, planning, company formation/launch and growth.

a nation can increase its production possibilities by

Answers

Answer:

Improvement in labor productivity, increase in resources, and technological advancements

Explanation:

In Roger Arnold's text entitled, "Macroeconomics" (2019), a nation can increase its production possibilities and achieve economic growth through an improvement in labor productivity, an increase in its resources, and technological advancements.

A nation is said to be productive efficient if it can produce the maximum amount of goods with its existing resources and technology.  Hence, it is essential for a nation to take advantage of the productive capabilities of its workforce with specialized trade, which could also increase the production of consumer goods and trading of specialized services.

An increase in resources enables a nation to produce greater quantities of military and civilian outputs. Technological advancements also allow a nation to increase its productive capabilities, thereby enabling them to produce goods with a fixed amount of resources, or produce the same amount of output with lesser resources used.  

I need some help will mark brainliest.

Answers

Strategic planning brings people, processes, teams, and leaders together to achieve an organization's goals.

when some resources used in production are only available in limited quantities, it is likely that the long-run supply curve in a competitive market is

Answers

Answer:  The correct option therefore is > upward sloping

Explanation:

When resources are limited in quantity, the cost of production would increase. Hence, in the long run, the supply curve will be upward sloping.

a whopping 432,000 square feet in size, which of these fields is larger than the other three combined?

Answers

The field that is larger than the other three fields combined is the polo field.

On average, one polo field measures 275 meters by 146 meters, which is equal to 40,154 squared meters or approximately 432,000 square feet.

This is a very big area if compared with the areas required to play different sports. Here are some of the areas:

Soccer field: The area of a soccer field is approximately 7,140 squared meters or 76854 squared feet.Baseball field:  The area of a baseball field is 14,864 squared meters or 159994 squared feet.Football field: The area of a football field is 5351 squared meters or 57600 squared feet.

Indeed, if you add the three areas (76854 + 159994 + 57600) the total area is 294,448 is still smaller than the area of a polo field.

Note: This question is incomplete because the options are missing; here is the missing part:

Soccer fieldBaseball fieldPolo fieldFootball field

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Using the following prices, calculate the unit price to determine how much it would cost for 7 muffins and 14 juice boxes. $7. 74 for 6 muffins $5. 52 for 8 juice boxes a. $18. 69 b. $19. 89 c. $21. 91 d. $26. 52 Please select the best answer from the choices provided A B C D.

Answers

Answer: a

Explanation:

what is consumer's Equilibrium?​

Answers

Answer:

[tex] \huge{ \red{A} \green{N} \blue{S} \orange{W} \pink{E} \red{R} \blue{:-}}[/tex]

When consumers make choices about the quantity of goods and services to consume, it is presumed that their objective is to maximize total utility. In maximizing total utility, the consumer faces a number of constraints, the most important of which are the consumer's income and the prices of the goods and services that the consumer wishes to consume. The consumer's effort to maximize total utility, subject to these constraints, is referred to as the consumer's problem. The solution to the consumer's problem, which entails decisions about how much the consumer will consume of a number of goods and services, is referred to as consumer equilibrium.

According to the table, what is Omar’s bank balance? $761. 25 $810. 30 $814. 75 $1,186. 25.

Answers

Omar's bank balance based on the given table is equal to $761.25.

Given the following data:

Pharmacy (debited) = $15.20Rent (debited) = 425.00Dinner (debited) = $22.30Movie tickets (debited) = $26.70Paycheck (credited) = $1,015.50Initial balance = $219.80

To calculate Omar's bank balance based on the given table:

First of all, we would determine the total amount that was debited from Omar's account.

[tex]Total\;debit = 15.20+425.00+22.30+26.70[/tex]

Total debit = $474.05

Next, we would solve for his previous balance:

[tex]Previous \;balance = Credit + Initial\;balance\\\\Previous \;balance = 1015.50 + 219.80[/tex]

Previous balance = $1,235.3

Now, we can calculate Omar's bank balance:

[tex]Bank\;balance = Previous\;balance - Total\;debit\\\\Bank\;balance =1235.3 -474.05[/tex]

Bank balance = $761.25

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What is the total payment required to pay off a promissory note issued for $400.00 at 6% ordinary interest and a 90-day term?​

Answers

The total payment required to pay off a promissory note issued for $400.00 is $406.

Using this formula

Total payment=Promissory note+(Promissory note× Ordinary interest× 90 day term/360)

Where:

Promissory note=$400

Ordinary interest=6%

Let plug in the formula

Total payment= $400 + ($400 × 6% × 90 days ÷ 360 days)

Total payment= $400 + $6

Total payment= $406

Inconclusion the total payment required to pay off a promissory note issued for $400.00 is $406.

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If you are trying to substantially reduce the amount you spend on food, you should try...

Answers

Answer:

Cooking your own food at home for as many meals as possible

Explanation:

To reduce the amount spent on food, I will make a spending plan or budget plan. It helps to reduce the amount spent on food without sacrificing nutrition.

What is a Budget plan? A budget plan is simply a plan you create to help you meet expenses and spend money the way you want to spend it. A good spending plan can help you stop “spending leaks” in other words, it can keep you from spending money without thinking.

The spending plan for food:Make healthy choices (they are cheaper)Buy produce in seasonUse sales and couponsThink frozen, canned, or driedSave on protein foodsWaste not, want not

In this way, I will reduce the amount spent on food.

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what agricultural product provides florida with its state flower?

Answers

Orange blossom, hope this helped.

difference between associative and commutative property

Answers

Answer:

The associative property of addition states that you can group the addends in different ways without changing the outcome. The commutative property of addition states that you can reorder the addends without changing the outcome.

Explanation:

A firm produces goods for which substitute goods are produced in all countries. Appreciation of the firm’s local currency should:
A) Increase local sales as it reduces foreign competition in local markets.
B) Increase the firm’s exports denominated in the local currency.
C) Increase the returns earned on the firm’s foreign bank deposits.
D) Increase the firm’s cash outflow required to pay for imported supplies denominated in a foreign currency.
E) None of these.

Answers

The answer to this is absolutely none of these

A firm produces goods for which substitute goods are produced in all countries. Appreciation of the firm’s local currency should none of these. Thus, option (e) is correct.

What is firm?

The term firm refers to the company as are main motive to earn profit with increases the sales. The firm are involved in the partners, owner, employees, and workers. The firm are the provided the employment and the generating the profit.

According to the firm was the produces goods for the sale in the market, but the substitute goods are produced in all countries. It was the not to based on the increase in local sales, increase the firm’s exports, increase the returns earned and the increase the firm’s cash outflow. There was not too none of these.

As a result, the a firm produces goods for which substitute goods are produced in all countries. Therefore, option (e) is correct.

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Should the organization use the cash accounting method or the accrual accounting method? Why?

Answers

Answer:accounting method

Explanation:it is much more accurate

the major difference between the service life of an asset and its physical life is that

Answers

Explanation:

service life refers to the time an asset will be used by a company and physical life refers to how long the asset will last.

nonoperating items that increase net income, such as gains on the sale of fixed assets, must be added in calculating operating cash flows.

Answers

There are gains on sale of fixed asset which are known to enter on income statement. Nonoperating items that increase net income must be added in calculating operating cash flows is a false statement

A gain on the sale of fixed assets is usually seen in the statement of profit and loss as non-operating income.

A Non-operating assets are simply described as a kind of assets that does not look into to be part of a company's core operations.

A company's non-operating assets can be said to be unused land, leftover and unused equipment, investment securities, etc.

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When Molly broke a clipboard over her knee and then hurled the broken pieces toward her employees, she was creating ________ conflict.

Answers

Based on sociological context, when Molly broke a clipboard over her knee and then hurled the broken pieces toward her employees, she created a personality clash conflict.

What is a Personality Clash Conflict?

Personality Clash Conflict is a conflict that usually occurs at a workplace. It usually involves a situation where employees perceive the action of a superior or employer as inappropriate or disrespectful.

Given that the activities conducted by Molly may be perceived as inappropriate or disrespectful by her employees, this is an example of Personality Clash conflict.

Hence, in this case, it is concluded that the correct answer is Personality Clash Conflict.

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according to the long-run phillips curve, in the long run monetary policy influences

Answers

Answer: only in the short run.  According to the long-run Phillips curve, in the long run monetary policy influences. the inflation rate but not the unemployment rate.

Explanation:

why is getting a large tax refund or having to pay a large tax bill at the end of the year a sign of poor planning?

Answers

Considering the financial implication, getting a large tax refund or paying a large tax bill at the end of the year is considered a sign of poor planning because you are overpaying taxes to IRS, thereby reducing your take-home paycheck.

Also, it is poor planning when you pay a large tax bill at the end of the year because there would be a risk of owing the IRS the subsequent year, which would affect your paycheck.

Typically, it is recommended that individuals should calculate their taxes very well and aim for zero refund or additional taxes owed.

Hence, in this case, it is concluded that it is poor planning to get a large tax refund or pay a large tax bill at the end of the year.

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THREE government regulations that guides the establishment and operation of a business.

Answers

Labor, privacy, and health

besides starting the vehicle, what else can 2022 versa’s available remote engine start in do?

Answers

Answer:

Warm or cool the interior before driving.

in what fast food company do this famous tag line belongs " I'm loving 'it"​

Answers

Explanation:

McDonald's

I'm loving it

McDonald’s old jingle I believe
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