chall0000 chall0000
  • 09-07-2021
  • History
contestada

how does comparative advantage influence international trade?

Respuesta :

tyresegrisby24 tyresegrisby24
  • 09-07-2021

Answer:

The theory of comparative advantage introduces opportunity cost as a factor for analysis in choosing between different options for production. Comparative advantage suggests that countries will engage in trade with one another, exporting the goods that they have a relative advantage in.

Explanation:

Answer Link

Otras preguntas

add the product of 7 and 10 to 80
IF x% of 240 equals 12, find x
Explain how you know your answer is in simplest form.
Point V is graphed on a number line at –6. Point U is 8 units away from point V on the number line. hELP What could be the coordinates of point U? Choose all
A cyclist travels 2/3 of his journey at the average speed of 12 miles per hour. He then travels the remaining 30 miles of his journey in 3 hours. How long doe
48 tiles for each of 8 rows. Each row has 6 white tiles . the rest are purple. how many tiles are purple?
what is the magnitude of g at a height above earth surface where free fall acceleration equal 6.5m/s2
This food group is our body's best source of energy?
When heavy rain follows a dry season in the mountains, the land can change abruptly. For example, a _______ can rush downhill as a huge mass of soil, water, and
trever saves 2/3 of the money he earns at his after- school job. suppose Trevor starts saving 1/4 as much as he is saving now. which statement below is true? so