When does a country have a comparative advantage?

when it can use fewer resources to produce the same amount of a product

when it can produce a product that lasts the longest

when it uses the same amount of resources to produce more of a product

when it has the lowest opportunity cost for producing a product

Answers

Answer 1

In economic terms, a country has a comparative advantage when it can produce at a lower opportunity cost than that of trade partners. Hence, the time is when it has the lowest opportunity cost for producing a product

However, a country cannot have a comparative advantage in all goods and services, it can have an absolute advantage in producing all goods.

Lowest opportunity cost

With low opportunity cost, the individual has to forgo or give up very little in the way of resources in order to take advantage of an opportunity.

Therefore, the answer is option D.

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Related Questions

the hat was the most significant result of the Peninsular War?

Napoleon appointed a new king to rule Spain.
Portugal supplied guerilla fighters to Spain.
Spain was punished for defying the blockade.
Spain organized a coalition and defeated Napoleon.

Answers

Answer:

Spain organized a coalition and defeated Napoleon.

Explanation:

How was education reformed?
during the meiji period after the civil war

Answers

Answer:

Ministry of Education made large changes, such as hiring more foreign teachers and expanding school subjects to include reading, writing, recitation, history, geography, science, arithmetic, health, and morals. Although Gakusei focused on elementary education, higher education was also changing.  The modernization of the education system was one of the main goals of the new Meiji government. After the Meiji Restoration, class restrictions vanished.

Explanation:

Which of the following is a major food allergen that
must be declared on the food label

Answers

Answer:

peanuts treenuts any type of nut

Explanation:

trust me

Not a question for school, just some points for people who know their stuff. A couple dozen Canadian men survived this battle in Korea, with 1000’s of casualties. What battle was it?

Answers

Answer:

I believe it was the 1950-53 Korean war.

Think about what you like and don’t like about the methods of law-making in the US government. Are there some ways where this process can be improved? If you like the current law-making process, explain your reasoning as to why.

Answers

Answer:

Of course, there are ways this can be improved!

Explanation:

What is happing in New York is just unacceptable we are in the united states the ''best country in the world'' and how can they not stop the crime that is happing? instead of passing bills that nobody needs why don't they do something about the crime going on. it no just happing once every month like this is every single day. With all the technology they have that they are using on nonsense like do something about what going on!

How did Gorbachev and Reagan dramatically change the relationship between the United States and the Soviet Union?
O The two leaders agreed that they would increase military spending and become allies in the war on drugs
O The two leaders agreed on a program of philosophical reform for the Soviet Union's government
O The two leaders met face to face for serious arms reduction talks
O The two leaders agreed to tear down the wall between East and West Berlin

Answers

The two leaders met face to face for serious arms reduction talks


1. The first battle of the Civil War was
and the
won with no deaths

Answers

Answer:

The first battle of the Civil War was the battle at Fort Sumter in Charleston in 1861. It was the first battle of the Civil War. Fought in Charleston. Having no deaths from either side gave everyone a false hope that the war would be quick.

Explanation:

What was the last straw for mccarthy in the eyes of the american public? the rise of a young california politician, richard nixon the televised hearings that put his bullying tactics on display the trials of alger hiss and julius and ethel rosenberg the discovery of soviet agents in the united states army

Answers

Televised hearings that put his bullying tactics on display for the entire country.

McCarthyism was the practice of publicly accusing someone of being related to the communist, putting McCarthy's bullying tactics on display was the last straw in Americans' eyes.

What is McCarthyism?

It was the practice of publicly accusing someone of traitors, disloyalty, or being a spy of communists without any sufficient proof or evidence. the use of unfair means during the investigation to suppress the opposition.

It started after WWII, with the perception of national or foreign communist intrusion into the federal system of the U.S. the last straw for McCarthy in the eyes of the American public was televised on putting his bullying tactics on display for the entire nation.

Therefore, option b appropriately describes the last straw for McCarthy in the eyes of the American public.

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How does the jack welch management institute survey students?

Answers

To measure student satisfaction, they use the Net Promoter Score (NPS).

• How was the Japanese government.
reformed?
during the meiji period

Answers

Answer:

during the Meiji period, Japan adopted a constitution and a parliamentary system, instituted universal education, built railroads and installed telegraph lines, and established strong army and navy forces.

Explanation:

Who led the Corps of Discovery in their exploration of the Louisiana Territory?

Answers

Answer:

Captain Meriwether Lewis

Prior to 1898 what European country controlled Cuba
A. England
B. France
C. Spain
D. Italy

Answers

Answer: c spain

Explanation:

Answer:

C.

Explanation:

I got it right on acellus

02.02 French and Indian War—411 File

Part 1: Double Entry Journal

Directions:

As you read, copy and paste key ideas and phrases from the text that you find interesting or puzzling into the first column. If you are using “real” text, highlight or underline those key ideas as you read, or mark them with sticky notes before transferring them to the first column of the chart.
Think and React: Think about what each key ideas means to you, why the author may have included it, and what connections you can make to it. What reactions do you have? (Note: You can add additional ideas from the lesson.)
An example has been provided for you.

Ideas from Text:
Key Words and Phrases
My Reactions, Thoughts,
Feelings, and/or Connections
Causes of the French and Indian War
European rivalries
Land disputes
Great Britain and France were rivals fpr centuries

Spain became involved, too, and all sides gained Native American allies

Fighting in Europe spilled over to North America

Competing for land in Ohio River Valley—used for trade, fur, fishing

The French and Indian War was part of the Seven Years’ War
French and Indian War
Fort Necessity
Albany Plan of Union
Fort Duquesne
Battle of Quebec
Treaty of Paris


British Colonial Policies
Proclamation of 1763
Writs of Assistance
Sugar Act of 1764
Stamp Act of 1765
Declaratory Act of 1766
Townshend Acts of 1767

Answers

The journal entry for the Stamp Act of 1765 is:

The British Government passed the Stamp Act on March 22nd, 1765.This was to pay for the British troops stationed during the Seven Years' War.The colonists were required to pay a tax, in the form of a stamp.

What is a Journal?

This refers to the type of text that contains extensive information about a particular subject or historical period.

Hence, we can see some of the activities in Britain that led the British government to pass the Stamp Act of 1765 in order to fund their troops that were stationed in the colonies during the Seven Years' War.

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who's the most rich person on earth and still living

Answers

Answer:

Musk overtook Jeff Bezos to become the world's richest person on Forbes' 2022 list of the World's Billionaires, buoyed by a rise in the share price of automaker Tesla. Musk, who ranked number two on Forbes' 2021 list, first debuted on the Forbes billionaires list a decade ago, in 2012, worth $2 billion.

Answer:

Elon Musk is the most richest person on earth.

East and West Germany began negotiations to reunite, but had not come to terms by the mid-1990s. True False

Answers

Answer:

Your answer would be:
True

Reunification occurred even despite concerns by other European nations, concerned over the power of united Germany.



Explanation:

Have a great rest of your day
#TheWizzer

How were American people influenced by television broadcasts of the Vietnam War?

1. They joined the military in record numbers.

2. They distrusted the truth of the newscasts.

3. They became more concerned for people affected by the war.

4. They increasingly supported the war.

Please help

Answers

americans were not americans before americans

Answer:

Number 3

Explanation:

The people could see how much was going on in the war, and they were concerned what was going on.

Part B
Ken decides to increase the length of the 15-
foot side to 18 feet and decrease the overall
length to 20 feet. How will this affect the
height of the shade? What is the new height
of the shade? Round your answer to the
nearest foot.

Answers

The new height is 15 feet. 18^2=10^2+h^2

How does the video seek to make the atom bomb seem less threatening?
A. By showing students being very afraid of an atom bomb attack
B. By showing students getting hurt by an atom bomb attack
C. By showing students successfully using "Duck and Cover" to
survive an atom bomb attack
D. By showing adults getting hurt by an atom bomb attack
SUBMIT

Answers

Answer: C: By showing students successfully using “Duck and Cover” to survive an atom bomb attack

Explanation:

What was the specific mission of the tuskegee airmen.

Answers

Escorting American bombers as they flew over Italy

One of the main actions of the Second Continental Congress was Question 8 options: to establish an army and appoint a commander in chief. to sign a treaty with Britain prohibiting trade with France. to sign a treaty with France to declare war on Britain. the creation of a unitary government in America. to establish a document with ambitious designs to separate from Britain.

Answers

Answer: a) to establish an army and appoint a commander in chief

Explanation:

was my answer useful

What was Postwar mass culture?

Answers

Answer:

Generally, the culture of the late 1940s and 1950s was socially conservative. With men returning home from World War II, traditional gender roles became firmly entrenched and clearly defined. Many women stayed at home to raise children and tend to domestic tasks, like cooking and cleaning.

The music of the day, especially rock and roll, reflected their desire to rebel against adult authority. Other forms of 1950s popular culture, such as movies and television, sought to entertain, while reinforcing values such as religious faith, patriotism, and conformity to societal norms.


I don’t know if this is correct but.
Hope this helps ^v^

What did Hitler do to break the Treaty of Versailles? Why didn't Britain and France try to stop
him

Answers

Adolf Hitler was well aware that France and Britain were both militarily stronger than Germany. He became convinced, however, that they were unwilling to go to war. As a result, he decided to violate another provision of the Treaty of Versailles by sending German troops into the Rhineland

Answer:

Adolf Hitler knew that both France and Britain were militarily stronger than Germany,.

However, he became convinced that they were unwilling to go to war. He therefore decided

to break another aspect of the Treaty of Versailles by sending German troops into the

Rhineland.

Explanation:

Hope this helps.

How did television coverage of the Vietnam War affect public opinion of the war in the United States?
A
Support for the war fell due to the graphic videos of fighting and wounded servicemen.

B
Support for the war rose because reporters expressed their approval throughout the war.

C
Support for the war fell after it became apparent the government was censoring the footage.

D
Support for the war rose as audiences were able to see the many successes of the US military

Answers

Answer: A Explanation: Vietnam was the first and probably the last war

Explanation: i think

Answer is a Vietnam war

The european economic community aimed to improve post-war european economies recover by… question 16 options: making it easier for workers living in one country to work in another. to eliminate trade restrictions among member states. to make it easier for businesses from different countries to conduct business all the above

Answers

The European Community from 1957 till 1993 was known as European Economic Community, it helped in post-war recoveries by making migration easy and many others.

What does the term European economic community(EEC) mean?

The previously existing European Community (EC) from 1957 till 1993 was changed to European Economic Community (EEC) is aimed at the integration of  European economies. It helped in tensions reduction after WWII with reconciliation between France and Germany.

EEC helped in the recovery of post-war European economies by:

making migration of workers easy reduction of trade restrictions among membermaking business from other countries  to run smoothly

Therefore option d describes the European economic community's efforts to improve the European economies.

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Answer: All above

Explanation: took test

Select the correct answer. which of the following nations had a command economy? a. the united states b. britain c. the soviet union d. france e. belgium

Answers

C: The Soviet Union had a command economy.

The Soviet Union had a command economy. So, option (c) is the correct answer.

Why did the Soviet Union consider to have a great command of the economy?

A command economy is one in which the central government has a considerable role in determining a country's resource availability and distribution.

In this scenario, the Soviet Union operated a command economy structure from the early twentieth century until the 1990s.

The government can use this command economy to tell businesses what things to create, how to allocate resources to residents, and so on.

Citizens' economic freedom is limited under this system since they have little control over the things they buy.

For more information on the economic command, refer below

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A
A person who is working part-time when full-time work is desired is known as
an employee
B. unemployed
C. the nonlabor force
D. underemployed
Please select the best answer from the choices provided
Ο Α
ОВ
Ос
OD

Answers

Answer:

D or "underemployed"

Explanation:

right on edge :)

Answer:

D

Explanation:

Select ALL the correct answers.
In what two ways did the Great Recession of 2008 affect Americans?

Many people lost their homes and jobs.
There were lower levels of student debt.
Businesses around the country closed.
Consumer spending increased.

Answers

Answers 1 and 3. A recession is a decline in the economy so debt would increase since there aren’t abilities to pay it back as well and people don’t have enough to spend anymore

The Great Recession of 2008 affected American in two ways, first one is many people lost their homes and jobs, second, business around the country closed.

What is the Great Recession of 2008?

The Great Recession was a period of economic slump that lasted from 2007 to 2009, following the bursting of the housing bubble in the United States and the worldwide financial crisis. The Great Recession was the worst economic downturn in the United States since the 1930s' Great Depression.

To learn more about the Great Recession of 2008 here.

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#SPJ2

I really need help with this!!

Answers

Answer: oldest to newest in order are aristotle, plato, then socrates

What lasting impact has WW2 had on Texas? Answer in 2 complete sentences. (will give brainliest)

Answers

More military power in state.more militant culture as a whole.

An Indian merchant meets with a Roman trader and gives him jewels and spices. In exchange for those items, the Roman gives him the same amount in olive oil and figs. What is this situation an example of?

Answers

Answer:

Barter

Explanation:

See Indian merchant gave jewels and spicesRoman trader gave olive oil and figs .THey both exchanged goods instead of money .So its barter

Answer:

Barter or Bartering

Explanation:

See Indian merchant traded jewels and spices

Roman trader traded olive oil and figs.

They both traded goods instead of money.

Give the other person brainliest.

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2. A football is punted into the air. Its height h, in metres, after t seconds is given by the equationh(t) = -4.91? + 24.5t + 1a) How high is the ball after 1 second?b) Find the maximum height of the ball to one decimal place. c) When does the ball reach its maximum height?d) When does the ball hit the ground? Sam has a small paper delivery business. His parents require him to to save $1 every $5 he earns. If he made $200, how much would he need to save how did the us contain communism? the length of a rectagle is 5 in longer than its width. if the perimeter of the rectangle is 58 in, find its length and width The half-life of potassium-40 is 1.3 billion years. If a rock specimen contained 1g ofpotassium-40 when it was formed, how much potassium-40 would be left if the rock is 2.6billion years old? Explain the tactics used by Napoleon during battle HELP PLEASE I NEED IT NOW. A- 5 = 310.5b - 5 = 312c - 5 = 31 The garden path theory places emphasis on the _______ rather than _______ of processing during the initial parsing phase.a) phonetics; syntaxb) speed; accuracyc) semantics; syntaxd) rules; short cuts Which statement about the interactions of the states under the Articles of Confederation is not true?A Large states dominated the actions of the national government.B The national government could not pass a law unless 9 of the 13 states agreed.C The national government could not require states to pay their share of the expenses of government.D Each state had one vote in Congress Grabar. Click each item to hear a vocabulary word from the lesson. Then, record yourself saying what you would logically do at each location. Follow the model.You hear: el cafYou say: Yo ceno en el caf.1. el cine2. la piscina3. el centro4. el gimnasio5. el parque6. el restaurante help, please D is behind my fingers What is the sum of 1/4 and 5/12 ? Which statement is true about the graphs shown? that are equivalent to 4(3x + 3) Consider this composite figure made of a cone and a cylinder. a cone has a height of 8 centimeters and radius of 3 centimeters. a cylinder has a height of 7 centimeters and radius of 3 centimeters. what is the volume of the cone? cone v = 1 3 bh v = 1 3 r2h v = 1 3 32(8) v = 1 3 (9)(8) v = 1 3 (72) the cone has a volume of cm3 What are the four features of minerals? (use complete sentences and your own words.)(NO LINKS PLEASE) 683+1738x175220= Chose you answer:304533043. 194739421. 345802178. 643221. 24753I need help please give correct answer Suppose that f(x)=6/x^7 find the following F(2)F(-1) Find the perimeter and area of the shaded figure below.