Trade between nations can be mutually beneficial if one country has A) a monopoly. B) an absolute advantage. C) a comparative advantage. D) a protective tariff on imports.

Answers

Answer 1

The correct option is C

The model of comparative advantage is one of the basic concepts that underlies the theory of international trade and shows that countries tend to specialize in the production and export of those goods that they manufacture at a relatively lower cost than the rest of the world. those that are comparatively more efficient than others and that tend to import goods in which they are more inefficient and therefore produce with costs that are comparatively higher than the rest of the world.

Answer 2

C) Comparative Advantage.

Further Explanation-

Comparative advantage is one of the basic tenets involved in international trade between nations. The two main components of international trade are ‘import’ and ‘export’. The country exports products that are made within its territory using low cost and local manufacturing processes, at a cost relatively lower than that of the rest of the world, and in exchange for export, they import those specialized goods from countries which cannot be produced by them.It also depends on the availability, requirement and the uniqueness of the product.

Comparative Advantage does not work in a self-sufficient economy, which is extremely rare in this era of globalization. Trade-in this era has to be mutually beneficial, and the goal of mutual gains is advantageous for all countries engaging in international trade the major benefit of a nation having Comparative Advantage is that it contributes to the World Trade, thus appropriating surplus and allowing a greater division of labour. Specialization in a product or a service by a nation essentially widens the base of extension of trade. This means that countries have both ‘production gain and consumption gain’. Comparative advantage broadens a nation’s scope and extent of consumption, the extent of the indigenous product sharing can allow it to have access to resources that benefit its economy and allow it to purchase and expand towards other areas of development. The increasing demand for a particular country’s products leads to an increase in production to meet international demands, which means more appropriation of labour surplus and resource surplus within the home economy.  

Learn more:

Which of the following helped fuel economic growth by encouraging? https://brainly.com/question/10958710 The populist party lost power in large part as a result of? https://brainly.com/question/1593812 When might workers be exempt from paying income taxes? https://brainly.com/question/1752727

Answer Details-

Grade- High School

Chapter- The basics of International Trade

Subject- Economics

Additional Details- This chapter mentions in detail about the components of international trade,

Keywords-  

Mutual exchange, product, locally produced, indigenous methods, demand, and supply, increase of production.


Related Questions

Which of the following does not describe the war on terrorism

Answers

where is the following?

Answer:

It ended once the Taliban regime in Afghanistan was defeated.

Explanation:

I just did the quiz and it says this is the correct answer on OW.

how did the Russian revolution impact world War 1

Answers

The Russian Revolution took place in 1917, during the final phase of World War I. It removed Russia from the warand brought about the transformation of the Russian Empire into the Union of Soviet Socialist Republics (USSR), replacing Russia's traditional monarchy with the world's first Communist state.



Answer:

The Russian Revolution contributed to the departure of Russia from the Entente bloc. This exit weakened the Entente block and influenced the US entry into the war.

Explanation:

The year 1917 was decisive in the context of the First World War. In that year, Russia withdrew from the battle front, since its army was obsolete and its economy was ruined. It was this year also that the Bolshevik revolutionaries made their communist revolution in Russia, a crucial fact for the European political effervescence of the following decades. It was also in 1917 that the United States entered the war alongside England and France and against Germany, which no longer had the same force as the beginning of the war. Since, after the end of the First War in 1918, the United States became the great power outside the European continent.

how did petrach help to push europe into the renaissance?

Answers

Europeans began to think differently about the world beyond their own. The age of exploration and discovery began.

You are a newscaster in 1965 given the task of explaining recent events to your audience. Choose one international event from the Cold War and one US event from the domestic arena that occurred in the period from the end of World War II (1945) to the present (1965). The events you choose should be ones that you believe had the biggest effects on the time period. Explain the importance of these two events as clearly as possible by including evidence for your choices.

Answers

From the international event from the Cold war, the Berlin Blockade was one of the first major international crises of the Cold War. During the multinational occupation of post–World War II Germany, the Soviet Union blocked the Western Allies' railway, road, and canal access to the sectors of Berlin under Western control. In the US event from domestic arena, the Cold War Domestic and Foreign Events and Issues. Out of all of the Units of Study for U.S.History Since 1877, the largest era is the time period known as the Cold War. The student expectations for the years 1945-1992 have multiple issues.
Final answer:

In the 1965 Cold War context, the significant international event was the US's increasing involvement in Vietnam, leading to major conflict. Domestically, the civil rights movement, exemplified by the landmark case Brown v. Board of Education in 1954, dramatically shaped US society.

Explanation:

As a newscaster in 1965, I am tasked with reflecting on the international Cold War event that had significant effects during this period. One pivotal event was the increasing US presence in Vietnam. The US involvement began with support for the French colonial rulers against the Viet Minh forces led by H Chi Minh. After France's withdrawal, America stepped in to prevent what it saw as a domino effect of countries falling to communism. This decision laid the groundwork for the prolonged Vietnam War, which became a symbol of Cold War tensions and influenced global perceptions of US foreign policy.

In the domestic US arena, I would highlight the civil rights movement as a crucial event. The pinnacle of this movement during our period was the 1954 Supreme Court case Brown v. Board of Education, which declared state laws establishing separate public schools for black and white students unconstitutional. This decision was a significant step towards ending racial segregation and promoting equality, and it shaped the social fabric of America.

Both events, the US engagement in Vietnam and the civil rights movement, reflect the extensive reach of Cold War politics into foreign and domestic spheres and demonstrate how the ideological battle between communism and democracy transcended borders to touch the lives of millions.

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Soviet troops captured 80,000 Germans in the battle of?

Answers

Stailingrad


hope this helps

the Soviets captured 91,000 German soldiers and SS in the Battle of Stalingrad, and suffered some 150,000 killed

How do radical Islamic fundamentalists see the world?
as a multiplicity
in terms of right and wrong
in terms of belief and unbelief
as fundamentally evil

Answers

They see the world in terms of Belief and unbelief. Ex: if you believe in their cause they will try to get you to join them. If you don’t then they will attack you.

Answer:

Answer is C

Explanation:

In terms of belief and unbelief

which social class would have had a higher level of prosperity in the post-World War II period?

Answers

The working middle class of America saw an increased standard of living in the post era of WWII. I believe that is the answer you are looking for. 
United States this was called the Golden age of capitalism

• King of England from 1189 to 1199 • Undertook the Third Crusade in order to retake Jerusalem from the Muslims • Known for bravery and his leadership but ultimately failed to take the city from Muslim control Who is being described above?

Answers

That'd be Richard I
The answer is Richard

Senate confirmation of a presidential appointment requires _____.

Answers

a majority vote is the answer

A simple majority vote is the right answer.

Senate approval of a presidential nomination requires a simple majority vote to be victorious. However, when it comes to nominees for  Supreme Court, it requires votes of at least sixty Senators to be successful. This is principally due to the fact that magistrates serve the Supreme Court for a lifetime, while the additional presidential posts typically vary with each regime.

What is the main idea behind designer Jesse Schells three step process for making a game? Plz help I will give brainlyest

Answers

Game designer Jesse Schell believes that the same principles of psychology apply to all sorts of games -- whether board games or athletic games or video games.

Schell's ideas can be explored in his book, The Art of Game Design: A Book of Lenses.  Schell's process is one that focuses on taking a basic idea for a game, asking questions about the game and its purposes, and developing the game idea further by trying things out.  

Answer:

The Game designer Jesse Schell's had the notion that the principles of psychology can also be used in different types of games, such as video games, athletic games.

Explanation:

In his book called The Art of Game Design: A Book of Lenses, the ideas can be toured in the book. 

The three steps process for making the game according to Jesse Schell's is as stated below.

The one that focuses on taking a basic idea for a game.By asking questions about the usefulness and purpose of the game.Creating  the game idea further by trying other things or ways out.  

Upon reflection, did the populist party make wise decision in choosing to support the democratic party’s candidate innthe 1896 presidential election? Why or why not?

Answers

Yes--third parties don't work in our electoral college system. They would not have gotten any of their goals without a major party. 

Though the Populists joining with the Democrats still don't get them a win in 1896, their ideas become more mainstream. With a big party owning their ideas on the Democratic Platform, they will get more traction. Many of the Populist ideas like an income tax and direct election of senators will happen during the Progressive Era becoming the 16th and 17th amendments. 

Even if the Populists and Democrats' alliance does not result in a victory in 1896, their beliefs gain in popularity. They will gain more momentum if a major party adopts their principles on the Democratic Platform.

What is the populist movement?

In late 19th-century America, a coalition of politically motivated agricultural reformers from the Midwest and South fought for a wide variety of economic and political laws. This movement is known as the populist movement.

Local political action organizations called Farmers' Alliances emerged among Midwesterners and Southerners who were dissatisfied with crop failures, dropping prices, and inadequate marketing and financing facilities throughout the 1880s.

The coalitions were mainly unproductive politically on a national level, notwithstanding some notable regional wins. Because of this, the Farmers' Alliances disintegrated in 1892 after their leaders founded the Populist, or People's, Party. The Populists attempted to increase their support among labor unions and other organizations, but their focus remained mostly on agriculture.

The direct election of U.S. senators, a graduated income tax, nationalization of the railroads, a tariff for revenue only, an increase in the amount of money in circulation (to be achieved by the unlimited coinage of silver), and other policies aimed at enhancing political democracy and giving farmers economic parity with business and industry were also demanded.

Therefore, even if the Populists and Democrats' alliance does not result in a victory in 1896, their beliefs gain in popularity. They will gain more momentum if a major party adopts their principles on the Democratic Platform.

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Trace the development of a proxy war during the Cold War-era

Answers

The prime mover of the proxy wars that involved U.S was mutually assured destruction (or formerly under the weapons of mass destruction). The U.S. and the Soviet Union were against each other, always leaning towards conflict. Both of these forces wanted to broaden their influence, thus leading them into proxy wars.

Which statement best describes a country with a diversified economy?

Country C has ten percent farmable land and uses all of it to produce corn.
Country D has crude oil reserves and also exports gold and grain.
Country B has wheat crops that make up 90 percent of its trade exports.
Country A imports more goods and services than it exports.

Answers

Country D has crude oil reserves and also exports gold and grain.

Answer:

Country D has crude oil reserves and also exports gold and grain is the correct answer.

Explanation:

Economic diversification is the process in which an economy is shifted from as a single source of income to multiple sources by developing sectors and markets. It is the strategy for encouraging positive economic development.

An economy that has a broad spectrum of economic sectors is known as a diversified economy. For example, the US economy is diversified. It has natural resources, strong industries, and well-developed service sectors. The Brazilian and Russian economies are not considered to be diversified economies as both depend on natural resources and the defense industry only. Similarly, Exports are the major economic activity in the Brazilian economy.

why teachers shouldn't carry guns
I need a thesis statement

Answers

Use this format:

Teachers should/shouldn’t carry guns because, (reason 1), (reason 2), and (reason 3)

You can fill it out with how many ever reason you’re using in your paper. But the thesis should cover the whole paper. For example:

John Locke would not approve of the actions in lord of the Flies because the natural rights of liberty, property, and health was violated.
Final answer:

A thesis statement on why teachers shouldn't carry guns highlights the increase in accidental harm, creation of a fearful atmosphere, and diversion from educators' primary role, arguing these factors make schools less conducive to learning.

Explanation:

A thesis statement on why teachers shouldn't carry guns could be as follows: "Despite the arguments for enhancing school safety, arming teachers would potentially increase the risk of accidental harm, create an atmosphere of fear and mistrust among students, and divert from educators' primary role of teaching, thereby making schools less conducive to learning." This statement addresses the core argument while acknowledging potential counter-arguments regarding school safety. It is crucial to focus on the argument's singularity, avoiding complexity that detracts from the main point. Moreover, avoiding words like "should" in accordance with college-level thesis statement standards, this statement aims to present a nuanced view, incorporating the complexity of the issue without reducing it to a simplistic stance.

Which of the following individuals had the strongest influence on Qin Shi Huangdi's rule?
Confucius
Han Fei Zi
Laozi
King Zheng

Answers

I am pretty sure it is Han Fei ZI buti could possibly be wrong

the answer is b for those who didn't know

when government inspectors investigated the claims made by uptown sinclair in the jungle, they found that

Answers

They found that slaughterhouse conditions were even worse than Sinclair had reported. Hope this helps!

The correct answer is D) slaughterhouse conditions weer worse than Sinclair had reported.

The other options of the question were A) Sinclair had dishonestly represented the conditions in slaughterhouses. B) Sinclair had written his books to promote Socialism. C) slaughterhouse owners were eager to improve working conditions.

When government inspectors investigated the claims made by Uptown Sinclair in the jungle, they found that slaughterhouse conditions weer worse than Sinclair had reported.

We are referring to a moment in the novel "The Jungle," written by Uptown Sinclair. This American novelist intended to describe the difficult situation of immigrants in the United States, the problems they lived, and the conditions they endure to make a living in larger cities like New York or Chicago, where they lived in overcrowded spaces under unhealthy conditions.

After World War I, which countries were taken over by dictators?

A)
England, United States, and Germany

B)
Japan, Italy, and Germany

C)
France, Italy, and England

D)
Japan, Germany, and France

Answers

I would be B Japan, Italy and Germany with the Nazis in Germany, the fascists in Italy and the equivalent of these two in Japan under the emperor Hirohito. These three became known as the Axis powers that were fought by the freedom fighters of the Allies like Great Britain, France, Canada and the US especially and the Soviet Union. 

What was one result of the Crusades?

A) The Christians won the Holy Land.

B) The Europeans discovered many new goods.

C) The Suljuk Turks gave up the Holy Land.

D) The Turks discovered many new inventions and books.

Answers

B) The Europeans discovered many new goods

A) is only true for the first Crusade. After that, the Crusades mainly failed at their tasks, and so A is out of the question
C) is false, because the Suljuk Turks continued to hold the land until WW1, when Jerusalem was finally freed by French and British soldiers
D) is kinda false, because it is the Europeans that discovered many new inventions and books


hope this helps

Answer:

b

Explanation:

By 1964, how many Americans had heard of Vietnam?

Answers

80,000 Americans knew.

Answer:

The answer is that at the beginning of the Vietnam conflict, almost no American had heard before of the country of Vietnam, or that there was a conflict going on. Around 23.000 military personnel had been dispatched to assist the South Vietnamese government and military in fighting off the North Vietnamese Army (Viet Cong), but only as advisers, not direct fighters. Throughout 1964, when President Lyndon Johnson began to take heavier and more drastic decisions regarding American involvement in the conflict, most Americans did not even know that a country by the name of Vietnam even existed, let alone that the U.S was getting involved in its fights. Full knowledge of what was going on did not come until almost the end of 1964, and protests against it, and the true initiation of the Vietnam War, with U.S full military involvement, began in 1965.

throughout history what cultrual practice contributed to spread of religouse belief

Answers

the art of praying spread. hope this helps

Final answer:

The spread of religions like Christianity and Islam contributed to the spread of religious beliefs through military conquest, commercial exchange, and cultural diffusion.

Explanation:

The spread of religions like Christianity and Islam throughout history contributed to the spread of religious beliefs in various ways.

Military conquest: Conquerors often imposed their religion on the conquered populations, leading to the adoption of the conquerors' religious beliefs.Commercial exchange: Trade networks facilitated the exchange of ideas and cultures, including religious beliefs.Cultural diffusion: As people interacted with different cultures, they were exposed to new religious practices.

For example, Islam expanded through migration, trade, and Sufi missionary work, adapting to and merging with local practices in different regions. Similarly, the spread of Christianity was influenced by proselytizing efforts and the shared cultural traditions that were incorporated into the faith.

Would anyone know the correct answer for this history question?

Under what circumstances were African Americans in the South allowed to join the Confederate army?
Which one of these choices is the correct answer?
They were never allowed to serve.
They volunteered after Sherman's march.
They were drafted after Gettysberg
They were drafted after Vicksburg

Answers

The answer is that they were drafted after Vicksburg. It was until the near the last few months of the war that the Confederacy used African American soldiers. There were very few freed African Americans in the South and the vast majority of the African American soldiers were ordered to fight when the South began to grow desperate of the North encroaching on Southern territory.

what is the most significant problem affecting Native Americans in New Mexico today? Explain your reasoning.

Answers

Poverty

Poverty and joblessness are key problems for many of the Native American groups across the United States, and New Mexico is no exception.  According the the US Census Bureau, 27% of all Native Americans live in poverty.  In reporting done in 2012 in New Mexico, 40% of all Native American children (under age 18) in the state were living in households below the poverty level defined by the federal government.  22% of all Native American children in New Mexico were shown to be living in households where the parent(s) were without employment.

Beginning in 1995, most countries in the European Union started to switch to a common currency. The values of different European currencies were linked to the euro. Countries in the European Union could then trade without converting currency. Why would adopting a common currency be helpful for European traders?

European traders can import more goods because the euro is strong.
Poorer countries in Europe became richer because their currency was converted to the euro.
Wages will be the same in each European country because everyone is being paid in the same currency.
Exchange between European countries is easier because they are using the same currency.

Answers

I think it's D. Exchange between European countries is easier because they are using the same currency.
I think it’s ether D or B

Describe how the supreme court's decisions affected the power of the Federal Government

Answers

judicial nationalism .  Gibbons v. Ogden (1824) was a landmark decision in which the Supreme Court held that the power to regulate interstate commerce was granted to Congress by the Commerce Clause of the Constitution.

Which social change gave middle-class women time to think about society

Answers

I would say after World War II many restriction changed on women due to change on themselfs

The answer is working outside the home.

When president Nixon took office he announced that an era of confrontation in foreign policy would be replaced by

Answers

An era of negotiation.

Richard Nixon announced this shift from confrontation to negotiation in his acceptance speech as the presidential nominee at the 1968 Republican National Convention. He addressed this idea specifically to the Cold War enemies of the United States.  Here's a snippet of Nixon's convention speech where he spoke on this subject:

"And now to the leaders of the Communist world, we say: After an era of confrontation, the time has come for an era of negotiation. Where the world's super powers are concerned, there is no acceptable alternative to peaceful negotiation. Because this will be a period of negotiation, we shall restore the strength of America so that we shall always negotiate from strength and never from weakness."

"D" an "era of negotiation"

which inventor raced against Nikola Tesla and others to devised the radio, a system of transmitters and receivers to send messages through the air without wires?

A.Alexander Graham Bell
B.Samuel Morse
C.Thomas Edison
D.Guglielmo Marconi

Answers

Guglielmo Marconi is credited with developing the first practical wireless radio system, which eventually led to radio as we know it today, despite competition from other inventors including Nikola Tesla.

The inventor who raced against Nikola Tesla and others to develop the radio was Guglielmo Marconi. Marconi, fascinated by the work of Heinrich Hertz, began experimenting with radio transmitters and receivers in an attempt to achieve wireless telegraphy. By the turn of the 20th century, Marconi's system only allowed for the transmission of Morse code. Yet, his contribution to wireless communication technology was pivotal, as it paved the way for the development of radio as a mass medium. Despite the contributions of others like Lee de Forest, Marconi is often credited with developing the first practical wireless radio system, receiving a patent for his wireless telegraph machine in 1896 and successfully sending a wireless message across the Atlantic Ocean in 1901.

How did nullification relate to tariffs in the early 1800s?
a.
Northern states wanted to nullify tariffs.
b.
Southern states wanted to nullify tariffs.
c.
Northerners supported both tariffs and nullification.
d.
Southerners supported both tariffs and nullification.

Answers

Answer:

b.  Southern states wanted to nullify tariffs.

Explanation:

The US-sanctioned customs tariff, which was approved by the US Congress and signed by Jackson in 1832, was less protectionist than another federal tariff approved in 1828, but nevertheless made many state residents discontented. In response to the approval of the tariff, a number of South Carolina citizens began to support the principles of states' rights of "nullification," which was enunciated by John C. Calhoun, Jackson's Deputy until 1832, in his Exposition and Protest of South Carolina in 1828. South Carolina dealt with the tariff by adopting the Order of Nullification, "which annulled both the customs tariffs approved by the federal government in 1828 and 1832 within the boundaries of the state.

PLEASE HELP AS SOON AS POSSIBLE WILL GIVE BRAINLIEST
On the day that President Reagan was inagurated, which nation released 66 hostages that had been held prisoner, up until that day.
a) Afganistan
b) Egypt
c) Iraq
d) Iran

Answers

D) Iron released the hostages just hours after the President was inaugurated.

Answer:

d) Iran

Explanation:

While President Roland Reagan was giving his inaugural speech, 66 American hostages were released by Iran in January 20, 1981. Those Americans were taken as hostage in Tehran, taken from the embassy, and kept in that state for 444 days.

What did President Johnson hope to accomplish with his Great Society programs?

Answers

Two very important pieces of legislation were passed. First, the Civil Rights Bill that JFK promised to sign was passed into law. The Civil Rights Act banned discrimination based on race and gender in employment and ending segregation in all public facilities.
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