When nations specialize in producing goods for which they have a comparative advantage and engage in international​ trade, consumption gains are possible for those nations. A. True B. False

Answers

Answer 1

Answer:

TRUE

Explanation:

The correct answer is TRUE.

when a nation is producing specialized good in which they have a comparative advantage then there is gain for that nation.

Nation specialized in the production of certain goods increase the efficiency of the nation. Specialization helps the production of the good in less cost and which increases the profit.

If the profit of the country increases then the earning of the people increases.


Related Questions

The use of _____ will probably lead to better recall of words when participants in a memory study are presented with words that belong to one of four categories (e.g., insects, beverages) instead of being presented with words that have no apparent relationship to one another.

Answers

Answer:

Organizational encoding

Explanation:

The use of organizational encoding will probably lead to better recall of words when participants in a memory study are presented with words that belong to one of four categories (e.g., insects, beverages) instead of being presented with words that have no apparent relationship to one another.

Why did the ancient Israelites have such a powerful influence on Western civilization, when their kingdom never enjoyed the same level of political and military power as the other great empires in the Near East?

Answers

Answer:

The ancient Israelite influenced western civilization by introducing their monotheism belief which allowed them to worship only one God. Also, their sacred scriptures which helped them in building foundations of western civilizations. The Israelite kingdoms were the Kingdom of Israel and Judah which emerged in Iron age enjoyed being political and military power in the before its destruction in the hands of Assyrians and Babylonian.

Final answer:

The ancient Israelites had a powerful influence on Western civilization through their religion, Judaism, which served as the religious root of Christianity and Islam.

Explanation:

The ancient Israelites had a powerful influence on Western civilization despite not having the same level of political and military power as other empires in the Near East. The Israelites' influence stemmed from their religion, Judaism, which became the religious root of Christianity and Islam. These three religions, known as the 'Religions of the Book,' share a set of beliefs originating from the Hebrew holy texts. This religious heritage and influence contributed greatly to the development of Western civilization.

Caitlin, age 17, wants to move out of her home and move in with her 20-year-old friend, Liza. Caitlin's parents have gradually allowed her to have a car and a part-time job and to make her own decisions about her activities, but they forbid her to move out at this time. No matter how hard Caitlin pushes, her parents remain firm. This example illustrates
A) an authoritarian, controlling parenting style.B) relinquishing control in areas where the adolescent can make mature decisions.C) parental fear of the "empty nest."D) alienation of family members.

Answers

Answer:.B) relinquishing control in areas where the adolescent can make mature decisions

Explanation:

When children are still under the age of 18 they need to have their actions evaluated by their parents because they are still at the age where they can make haste decisions .

They can make decisions without looking at what consequences may be after that action has been committed.

A parent has to help them make a sound decision even though it may not look like that to the teenager, it may look restrictive but at the end it is mostly at their best interest .

Caitlin parents are trying to protect her from staying in any environment where they will be no adult supervision which may result into Caitlin getting involved into immoral behaviour such as staying out drinking till late or morning which may affect her studies.

Immigrant parents of successful youths typically view school successes as less important than native-born parents. develop close ties to an ethnic community. encourage full assimilation into the majority culture. stress individualistic values over collectivist values.

Answers

Answer:develop close ties to an ethnic community

Explanation:

What is an ethnic community ?

An ethnic community is a group of people who share the same nationality, langauge and race .

Possible reasons why they would do this is for moral support and to ensure that they help each other on the education of their children.

Those who are new arrivals will need to know how the children of the other immigrants made it when they first came into the foreign land .

They can then introduce their children to each other and their children can assist the one who has just arrived to the foreign country copy with their school work (because they may face issues with the langauge barrier) and continue to do well.

Immigrant parents place significant value on education, often resulting in higher academic achievement for first-generation immigrant students. They focus on family obligations and maintaining cultural connections, which serve as protective factors and support their children's identity. However, subsequent generations may face challenges in maintaining this academic advantage as they assimilate into the majority culture.

The attitudes and behaviors of immigrant parents towards their children's education and assimilation into the majority culture. Research has shown that immigrant parents often place a high value on education, which can be seen in the behaviors and academic success of their children. For instance, first-generation immigrant students have been found to have higher GPAs and more positive attitudes toward school than subsequent generations, potentially due to the high aspirations and family influences of their parents. This effect may be attributed to the strong family obligations and the parents' clear communication of the importance of education and proper behaviors to their children, as seen in Southeast Asian families. Additionally, the data suggest that the family's reasons for immigrating, such as seeking educational opportunities for their children, can have a positive impact on the children's academic outcomes.

Moreover, immigrant parents often develop close ties to an ethnic community and encourage their children to maintain cultural connections, which can offer protective factors and support the children's sense of identity. However, subsequent generations of immigrants may show less academic success, which could be due to erosion of strong family identity as they become more acculturated to the majority culture. As such, immigrant parents often try to balance the need for acculturation with maintaining a strong family and ethnic identity.

Amit, a manager at a firm, is friends with Jeremy, his junior. They share a common hobby—golf—and play together every weekend. Amit observes Jeremy's passion for golf and assumes that he must be equally passionate about work as well. As a result, he gives top ratings to Jeremy in performance appraisal. However, Jeremy's work quality and productivity in office are actually below par. In this scenario, Amit has given top ratings to Jeremy due to the _____.

A. Hawthorne effect
B. butterfly effect
C. Streisand effect
D. halo effect

Answers

Answer:

Halo Effects

Explanation:

It is a cognitive bias. It works on the principle of  the first impression is the last impression. It is also called physical attraction stereotype and "whatever is beautiful is good". It is the habitual characteristics of a person to rate a person on their physical attractiveness. The more attractive person gets more favor and the person who is not beautiful gets less favor. This term was coined by Edward in the 1920 s. Whenever we rate a person by his good looking, then we tend to believe that they are positive and good personality and more intelligent. Even in one of the study investigators found that people rate that the more attractive person found to be less guilty in criminal activity. It is a double-edged sword. Even good looking person also found guilty, dishonest, hard from heart.

When a person solves problems by utilizing his/her prior experience, as well as insight and coping ability/skills for new situations, Sternberg’s triarchic theory of intelligence would suggest that person was demonstrating __________ intelligence.a) contextual b) experiential c) practical d) componential

Answers

Answer:

b) experiential

Explanation:

Contextual intelligence or Practical intelligence is the intelligence that allows us to apply what we have learnt to real world scenarios and situations.

Componential intelligence is the intelligence that is indicated by our Intelligence Quotient (IQ) score i.e., our innate abilty (aptitude).

Experiential intelligence is the intelligence that allows us to use our experience and use it in a new situation.

The three types of intelligence are a part of the Triarchic theory of intelligence.

Extra points! What are party whips in Congress? How did they influence legislation?
PLEASE HELP! ASAP!!

Answers

Answer:

It comes from a hunting expression, but the term has been used to refer to the position of an assistant to the party leaders who help get votes.

Explanation:

Whips are responsible for rounding up party members to vote for a bill and have the majority they need. Sometimes however, the party doesn't have a majority in the Senate or House of representatives. The role of the whip is to get votes from the opposing party members or independent members. At times, they can fill in for majority or minority leaders when these are absent.

As a child, you were playing in the yard one day when a neighbor’s cat wandered over. Your mother (who has a terrible fear of animals) screamed and snatched you into her arms. Her behavior caused you to cry. You now have a fear of cats. In this example the conditioned stimulus is:
a. your mother’s behaviorb. your cryingc. the catd. your fear today

Answers

Answer:

C. the cat                  

Explanation:

Conditioned stimulus: In a classical conditioning experiment, the conditioned stimulus is defined as a formerly neutral stimulus that, after being connected or associated with the unconditioned stimulus, automatically comes to prompt a conditioned response.

In the given example:

Conditioned response-Your fear today

Conditioned stimulus-the cat

Unconditioned response-Your crying

Unconditioned stimulus-Your mother's behavior.

Keeva believes that she needs to show her children that she is in charge and has many strict rules about their conduct. At times, she spanks her kids in order to get them to do what she wants. According to Diana Baumrind, what style of parenting is this?

Answers

Answer:

old school

Explanation:

A likely outcome of increased self-knowledge is:
A. Ability to compensate for your weaknesses.
B. Vulnerability to self-doubt.
C. Greater dependence on external sources of power.
D. Greater understanding of your intentions by those you lead.

Answers

Answer:A. Ability to compensate for your weaknesses.

Explanation: using knowledge you can be able to improvise for your weaknesses because it enable you to find ways around your weaknesses.

Knowledge is power , it gives man the wisdom to overcome and cover for their own weakness as they unlock areas that can't be unlocked without knowledge.

Knowledge will open your eyes to the reality of who you are and how you can live better just being you.

Even though there are relatively few professors of Chinese literature and many postal workers in the U.S., students guessed that a man who spoke Chinese and reads a lot was probably a Chinese literature professor rather than a postal worker. This is an example of using ________.a. the representativeness heuristic. b. the anchoring heuristic.c. the availability heuristic.d. the false-consensus effect.e. none of the above

Answers

Answer:a. the representativeness heuristic.

Explanation:

What is the representativeness heuristic?

This term was described by two psychologist Amos Tversky and Daniel Kahneman.

When we want to decide on something or judge it we will usually take a path that will get us there soon or these psychologist call this "rules of thumb " which is referred to as heuristic.

When we want to decide on something and there isn't enough information available to us to make comparisons as a result we use heuristic to decide immediately without wasting time.

This can be occasionally helpful but sometimes it can lead us to making inaccurate judgements or biased conclusions.

For example we can use our preexisting prototype to compare it with want we are trying to decide on at that moment .

Our prototype is that information that we believe is more associated with that particular situation or object or subject at that moment .

For example we see someone wearing a long white coat entering the hospital we are more likely to think they are a doctor evethough we may find that this person is a lab technician and he is getting into the hospital to deliver some blood sample results but because we use the information that already exist in our mind that what we will use to make judgements.

In the above text the man reads a lot and speaks Chinese we know professors read a lot and mostly specialize on langauges then our first judgement is this is a professor .

When negotiations result in matters of dispute, the party seeking contract termination must notify the _____ and the appropriate state mediation agency within thirty days from giving the notice to bargain.

Answers

Answer:

When negotiations result in matters of dispute, the party seeking contract termination must notify the FMCS and the appropriate state mediation agency within thirty days from giving the notice to bargain.

Explanation:

Mediation is a resource that the federal government uses to support solid relations for the management of labor. FMCS mediators offer an unbiased and external perspective while influencing the expertise of the skillful negotiators. By doing so, they approach the central interests the negotiating parties have.

Because her coworker kept her eyes on her work and never said much, Laura concluded that Rita wasn't very smart. But when a new procedure was introduced on their floor and Laura made several errors, Rita showed her a simple way to remember each step. This is an example of
A. failing to take responsibility for her mistakes.
B. misjudging other people's abilities.
C. failing to listen to others.
D. having a low level of self-esteem.

Answers

Answer:

This is an example of b. misjudging other people's abilities.

Explanation:

There is no information in the problem that Laura failed to take responsibility for her mistakes. It simply states that she made several mistakes. Because Rita showed Laura how to remember each step, we can assume that she listened to her. There is no other information about Rita trying to talk about the work. In fact, one of the assumptions is that she was not smart because she did not say much. The option D does not apply in this case. It is about Laura's attitude towards Rita and a misconception associated to the fact that Rita did not speak much. Thus, b. is the correct answer.

Which is an example of an automatic stabilizer? Please choose the correct answer from the following choices, and then select the submit answer button. Answer choices the Works Progress Administration (WPA), active during the Great Depression of the 1930s the tax cut program implemented by President Ronald Reagan's administration in the 1980s a progressive income tax the "cash for clunkers" program (officially, the Car Allowance Rebate System (CARS) in 2009.

Answers

Answer:

answer is b

Explanation:

The personality disorder that includes a pervasive pattern of social and interpersonal deficits marked by acute discomfort, reduced capacity for close relationships, cognitive or personal distortions, and behavioral eccentricities is called __________ personality disorder.

Answers

Answer:  Is called Schizotypal Personality Disorder.

Explanation:

The Schizotypal Personality Disorder is characterized by intense discomfort when establishing interpersonal relationships (even with relatives) and the inability to maintain it. Also, cognitive distortion, eccentric beliefs (for example, in being a prophet or an alien), paranoid ideas, and disorganization of thought. It is classified in group 1 of personality disorders.

People diagnosed with this disorder (less than 1% of the world population) have considerable difficulties in joining the society and being independent, their treatment includes antipsychotics, antidepressants, and psychological therapy.

I hope this information can help you.

Steve can​ wash, fold, and iron a basket of laundry in two hours and prepare a meal in one hour. His roommate Mike can​ wash, fold, and iron a basket of laundry in three hours and prepare a meal in one hour. The absolute advantage in laundry is held by:

Answers

Final answer:

Steve has an absolute advantage in laundry over Mike. Efficiency can be further improved through specialization based on comparative advantage.

Explanation:

The absolute advantage in laundry is held by Steve because he can wash, fold, and iron a basket of laundry in two hours, while Mike requires three hours to do the same task. Absolute advantage refers to the ability of an individual or group to carry out a particular economic activity more efficiently than another individual or group.

When dividing tasks among people, individuals or groups may benefit from specializing in tasks where they have a comparative advantage. This means assigning tasks to the person who can perform them with the lowest opportunity cost. For Steve and Mike, if Steve has a comparative advantage in laundry and Mike in meal preparation, or vice versa, then it would be more productive for each to specialize in the task where they have a comparative advantage, even though Steve has an absolute advantage in both tasks.

Jean wants her daughter to eat her vegetables so she is healthy. Jean tells her daughter that after she eats her vegetables she can play outside, which is one of her daughter’s favorite things to do. In this situation, Jean is using ________ to increase her daughter’s eating of vegetables.

Answers

Answer:

The Premack principle          

Explanation:

Given by David Premack in 1965.

This principle is based on Operant Conditioning (reinforcement).

The Premack principle states that the chance of getting involved in more predictable activities or behaviors will reinforce less predictable activities or behaviors.

In the given eg. Jean is applying reinforcement, as he asked her daughter that she can play outside after eating fruits.

Final answer:

Jean is using positive reinforcement to increase her daughter's eating of vegetables. By promising the opportunity to play outside after eating vegetables, she provides a desirable reward for the behavior she wants to encourage.

Explanation:

Positive reinforcement is a concept from behavioral psychology that involves introducing a rewarding stimulus following a behavior, which makes it more likely that the behavior will be repeated. In this case, the reward is the opportunity to play outside, which is something her daughter already enjoys. Instead of imposing negative consequences for not eating vegetables or engaging in bribing with unrelated rewards like dessert, Jean is incorporating her daughter's natural preferences to gently nudge her towards healthier eating habits. This strategy also aligns with the principle of preparing balanced meals and actively involving children in choices related to their meals, without resorting to bribes. By ensuring the reward is contingent on the desired behavior - eating vegetables - Jean effectively encourages her daughter to develop better nutrition habits.

A graduate student wants to examine the effect of print media versus televised media on individuals' position on several social issues. The superintendent of a local work release facility, a family friend, will allow the graduate student access to the prison population to help her quickly accrue subjects. The student's IRB should:a. Approve this project since the risk appears to be no more than minimal.b. Not approve this project because the prisoners are merely a population of convenience for the student.c. Approve this project since the superintendent is the ultimate authority on what happens in his facility.d. Approve this project but submit it for federal review.

Answers

Answer:

B. Not approve this project because the prisoners are merely a population of convenience for the student.

Explanation:

Population of convenience refers to group of samples that is drawn from the population which is close /easy for the researchers. One big weakness of population of convenience is that the data given by this type of population tend to contain high level of bias.

From the sample above, The researchers has a connection to  superintendent of a local work release facility , which happen to be the researcher's family friend.

This will create two problems for the research result:

1. the researcher will collect the data in a perceived position of power, because of the connection with the superintendent.

The prisoners that become the samples will most likely held themselves so they can give the data that the researcher wants from them.

2. If the prisoners are the only samples that the researcher get, it would be really biased since prisoners tend to have similar characteristics and do not represent the whole population.

The scale for a sound's loudness is ________.

Multiple Choice

ohms
amps
hertz
decibels

Answers

Answer:

Decibels

Explanation:

Final answer:

The scale for a sound's loudness is decibels. Decibels measure the level of sound intensity or volume and are commonly used to compare the loudness of different sounds.

Explanation:

The scale for a sound's loudness is decibels. The unit of measurement for loudness is decibels (dB), which is a logarithmic unit of sound intensity. Decibels measure the level of sound intensity or volume and are commonly used to compare the loudness of different sounds.

Ramona is conducting research that examines the softest sound that the average human can hear from 20 feet away. This is most similar to the earlier research conducted by ________.

Answers

Answer:

The correct answer would be, This is most similar to the earlier research conducted by Gustav Fechner.

Explanation:

Gustav Fechner was a German Philosopher, Physicist and experimental Psychologist. He was born in 1801 and died in 1887. He was the pioneer in experimental psychology.

His one of the many researches include the research that examines the softest sound a person could hear if he is presented with sounds of different intensities.

So a very similar research has been conducted by Ramona, who conducted a research that examines the softest sound that the average human ear can hear from 20 feet away.

A 54-year-old female presents with small to moderate amount of vaginal bleeding of recent onset. She has been postmenopausal for approximately 2 years. With diagnosis is least likely?

Answers

Answer:

Endometrical carcinoma , endometrical hyperplasia ,uterine polyps.

Explanation:

If a lady of age 54 years is having a small to moderate amount of bleeding in the vagina and also having a postmenopausal for approximately 2 years i will consider Endometrical carcinoma , endometrical hyperplasia ,uterine polyps.

Why are environmental issues a major concern for the people of Sub-Saharan Africa? a) They derive most of their livelihoods from the land. b) They import almost all their food. c) They produce almost all the world's oil. d) Tourism is declining.

Answers

Answer:

a) They derive most of their livelihoods from the land.

Explanation:

Thus if the land is not helathy, they will not be able to live.

Answer:

Their livelihoods are derived from the land.

Explanation:

Because yes. Also I hope you have a wonderful wonderful day! :D

Homo naledi is a new species of the genus Homo that is similar to Homo erectus, yet contains unique-enough characteristics to warrant a separate species. This hominin was first discovered at the South African site Rising Star Cave in 2013. Identify the challenges faced by archaeologists working in Rising Star Cave.

Answers

Final answer:

Archaeologists working in Rising Star Cave faced challenges including difficult access due to narrow spaces, high volume of remains, unique traits of Homo naledi complicating classification, and ambiguity in interpreting how the bones ended up in the cave.

Explanation:

The archaeological expedition that discovered Homo naledi in the Rising Star Cave faced a number of unique challenges. First, the extremely narrow passages and tight spaces in the cave system made accessing and excavating the site difficult. This type of excavation required the use of small, slender individuals who had to be specially trained in archaeological techniques.

Another challenge was the sheer volume of remains. Over 1,500 bones were recovered, all of which needed to be painstakingly catalogued and analysed. This process was further complicated by the unique characteristics of the Homo naledi specimens, which displayed a mosaic of traits associated with different hominin species, presenting a challenge in classification.

Finally, there was the question of interpretation. How the bones ended up in such a remote and difficult-to-access location was a mystery, and various theories ranging from death trap to deliberate burial have been suggested. However, the veracity of these theories is still being debated and studied.

Learn more about Rising Star Cave Excavation here:

https://brainly.com/question/31828618

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1. The idea that all resources are limited is called
a. capitalism
b. mercantilism
c. scarcity
d. supply and demand

2. The biggest difference between Mercantilism and Capitalism is
a. In Capitalism, the government controls what is traded, but in Mercantilism, the people are free to trade what they wanted
b. Mercantilism focused on individuals making a profit, and investing that profit back into their business
c. Capitalism focused on the buildup of a nations supply of Gold and Silver
d. In Mercantilism, the government controls what is traded, but in Capitalism, the people are free to trade what they wanted

3. Mercantilism's basic idea was to build up a nations supply of gold and silver by ________.
a. Exporting more goods than you imported
b. Using colonies for raw materials and markets to sell your goods
c. The government controlling the economy.
d. all the above

4. Which best explains how a tariff can protect a nation's businesses?
a. A US tax on imported Brazilian oranges helps raise their prices so that they are similar to the cost of oranges grown in Florida.
b. The US supply of oranges is destroyed by a hurricane and raises the prices of oranges at the grocery store
c. Brazilian oranges are destroyed by a disease, so Brazil buys more US oranges.
d. US taxes imported Brazilian oranges, so Brazil raises taxes on imported US automobiles.

5. Who is known as the father of Capitalism?
a. John Locke
b. Adam Smith
c. Thomas Hobbes
d. Karl Marx

6. The law of Supply and Demand states that the more you have an item the _______ it is worth.
a. More
b. Less

Answers

Answer:

1. The idea that all resources are limited is called

c. scarcity

2. The biggest difference between Mercantilism and Capitalism is

d. In Mercantilism, the government controls what is traded, but in Capitalism, the people are free to trade what they wanted

3. Mercantilism's basic idea was to build up a nations supply of gold and silver by ________.

d. all the above

4. Which best explains how a tariff can protect a nation's businesses?

a. A US tax on imported Brazilian oranges helps raise their prices so that they are similar to the cost of oranges grown in Florida.

5. Who is known as the father of Capitalism?

b. Adam Smith

6. The law of Supply and Demand states that the more you have an item the _______ it is worth.

b. Less

Explanation:

Which one of the following is TRUE of freedom in New Netherland?
A) The colony's elected assembly enjoyed greater rights of self-government than any English colonial legislative body.
B) The Dutch commitment to liberty prompted the colony to ban slavery there.
C) Religious intolerance led the Dutch to ban all Jewish peoples from the colony.
D) Of all of the colonies in the New World, New Netherland required the longest period of service from indentured servants.
E) Married women retained a legal identity separate from that of their husbands.
E) Married women retained a legal identity separate from that of their husbands.

Answers

Answer:

e) Married women retained a legal identity separate from that of their husbands.            

Explanation:

Women's in New Netherland accomplished more independence, and more entitlements, compared to the colonial women. In 1653, New Netherland established its court consisting of prosecutor, mayors, and alderman. After the establishment of the court, the women get various rights including marriage rights, premarital rights, manus, usus, and business rights.

The statement 'Married women retained a legal identity separate from that of their husbands', states that the women can keep their last name even after getting married to someone.

During the economic downturn, Alejandro’s neighbor, a successful accountant, lost his job and had to sell his house. Alejandro decided that this neighbor "must have really messed up at his workplace." This is an example of ____.
A. situational attributionB. actor-observer biasC. just-world beliefD. self-serving bias

Answers

Answer:

just-world belief

Explanation:

A person who thinks that whatever happens to a person has happened to the person because of what they have done. They are the ones that are solely responsible for their predicament. This type of thinking is known as the just-world belief.

Here, Alejandro thinks that the reason his neighbor lost his job is due to the fact that he must have done something wrong at his workplace. Alejandro does not think about the other factors involved like the economic downturn which affects every part of an economy.

Professor Bolden claims that his experimental research demonstrates that eating an apple every day improves children's reading skills. How might he best offer further support for the reliability of this finding?

a) replication
b) naturalistic observation
c) case studies
d) correlational research

Answers

Answer:  The correct answer is :  a) replication

Explanation:  The replication is the repetition of the basic experiment, that is, the repetition of the different experimental units that make up the experiment. Replicas are subject to the same sources of variability, independently of each other.

In the wake of the Plains Indian wars, U.S. Indian policy changed from a policy of ________ (recognized as a failure by the 1880s) to a policy of ________ (an effort that also failed).

Answers

Answer:

-concentrating tribes onto reservations

-trying to integrate Indians into white society as farmers

Explanation:

As the reservations policy lead the Indian community to illness, alcoholism, and desperation, the U.S. shifted the way with the Dawes Severalty Act of 1887, which granted 160 acres of tribal land to each Native American family to farm it for profit. However, many were often unsuccessful because they lacked the required knowledge to do so.

Undercover agents of the Greenville Police invite Mack to purchase a stolen truck. Mack refuses initially, but the agents repeatedly visit Mack’s home and businesses over a period of weeks, and eventually Mack agrees. In addition, they send someone to damage Mack’s current vehicle so his need for the truck is greatly increased. If criminal charges are brought against Mack, he can assert the defense of:

Answers

The answer would be entrapment

Specialization and comparative advantage
A.lead to greater productivity.
B.lead to international trade and overall gains for the nations involved.
C.lead to greater output even if you can do everything better than someone else.
D.All of the above.

Answers

Answer:

The correct answer is D. All of the above.

Explanation:

A country, a region or even an individual person, achieve a greater economic result if they carry out economic activities that have comparative advantages.

This happens because if everyone specializes in a particular activity, they will surely obtain greater efficiency and productivity in carrying out that activity than if they did many activities without specializing in any particular one. If this activity also has comparative advantages, the individual result is optimal.

On the other hand, trade allows the exchange of goods and services produced by different agents in the market for a price that presents a benefit to both the buyer and the seller.

If this mechanism is free and fluid, it allows to obtain in sum a global optimum for the sum of the economic agents that participate in the market.

Clarifications:

A. Each individual makes an individual contribution to the increase in local, regional and national productivity.

B. Through international trade this impacts the overall profits of the nation.

The more you take advantage of comparative advantages, the more a nation will be in a position to offer benefits to other nations that would like to buy their products or services and the greater capacity they will have to buy products and services from other countries specialized in their own comparative advantages and a situation in the That everyone wins.

C. There are many individuals or nations that think they can be self-sufficient and do everything on their own, but empirical evidence has shown time and again that this stance has resulted in economic stagnation as a result of not taking advantage of their own benefit. and mutual the mechanism described above.

Even if we think we can do everything better than others, human, material and time resources will always be limited and we will have to choose what resources to use, what projects to carry out, etc. in the limited time that each one has.

Specialization and competition always run the limits of productivity because they incorporate the mechanism of innovation. In other words, whoever is at a disadvantage with respect to another will strive to improve in order to compete and not be left out of the market. In short, innovation is what allows increasing individual productivity and impacting the overall growth of the economy. Those who at the beginning did everything better, at some point will be surpassed by those who specialize in certain activities and achieve greater efficiency.

Other Questions
Use the following information to compute NET INCOME. The income tax rate is 40%. Sales 10,000 Dividends 700 Cost of Goods Sold $ 4,000 Interest Expense 1,100 Selling and Administrative Expense 1,750.a. 1,260b. 1,190c. 1,890d. 1,470e. 980 #7 The ratio of girls to boys in the gradeis 6 to 8. If there are 120 girls, how manyboys are there? Los Angeles, San Diego, and neighboring cities mutually support each other in their urban development and expansion. Thesecities have grown together into one continuous urban community, and together they are an example of aA choroplethB townC. megalopolisriver valley civilizationDPlease select the best answer from the choices provided.OA Who is Moishe the Beadle and what role does he play in Elie Wiesels life? A community that wants to invest in a tourism development should first conduct a _____.A.survey of residentsB.self-assessmentC.environmental-impact statementD.investment plan (help me please |-| ;-; Prove that the trajectory of a projectile is parabolic, having the form y = ax + bx2. To obtain this expression, solve the equation x = v0xt for t and substitute it into the expression for y = v0yt 1 2 gt2. (These equations describe the x and y positions of a projectile that starts at the origin.) You should obtain an equation of the form y = ax + bx2 where a and b are constants. 10. Which type of exercise increases fat loss? Which sentence best states a central idea of the forgotten man Hurry plz Im being timed!The graph of a relation is shown. A coordinate plane with a straight line. The line starts in the lower-left quadrant and continues up through the uppercase right quadrant. The line passes through the y-axis slightly below the origin and then passes through the x-axis slightly to the right of the origin. Which of these values could be the slope of the line? Select two options. -2-8/507/43 How was the great western railway constructed in art "A property has an annual before-tax cash flow of $100,000 and income taxes of $12,000. ?The investor has $2 million invested in this property. What is the investor's cash-on-cash return" A worker performs a repetitive assembly task at a workbench to assemble products. Each product consists of 25 components. Various hand tools are used in the task. The standard time for the work cycle is 7.45 min, based on using a PFD allowance factor of 15%. If the worker completes 75 product units during an 8-hour shift, determine the number of standard hours accomplished. Determine the product of -8 and -4.0-12120-3232 The mountain peaks shown below were initially formed millions of years ago through the processes of folding, faulting, and overthrusting. Image courtesy of the U.S. NPS Over the past several million years, these peaks have been gradually worn down. If not for the process of _______ carrying small bits of sediment away, the peaks above might be 1,000 meters taller. A. erosion B. chemical weathering C. deposition D. physical weathering A salesperson driving to visit a client located two hours away has a tire blow out on the highway. He walks about a mile to the next exit where he finds a service station. The owner of the station says he can replace the blown tire, but it will cost twice as much as it would to purchase a tire in the salesperson's home city. The salesperson, not wanting to be late for his appointment, agrees to pay the higher price in order to get back on the road. This case illustrates the effect of ______________________ on buying behavior. Write an if statement that assigns to the variable biggest the Greatest value contained in variables i, j and k, Assume the three values are distinct. List the major factors that affect atmospheric CO2on long geological time scales. Draw a simple box model of the influences on atmospheric CO2, showing the major reservoirs and fluxes. The model does not need to be quantitative. Use the binomial theorem to compute (2x-1)^5 Describe the key features of the Watson-Crick model for DNA structure. Find all optimal solutions to the following LP using the Simplex Algorithm:maxz = x1 + 2x2 + 3x3s.t.x1 + 2x2 + 3x3 10x1 + x2 5x1 1x1,x2,x3 0