softimallowmira softimallowmira
  • 04-02-2021
  • English
contestada

Why is trade beneficial to both the importer (country buying the good) and exporter (country selling the good)?

Respuesta :

Аноним Аноним
  • 04-02-2021

Answer:

Because of comparative advantage, trade raises the living standards of both countries. ... “Even if a developing country lacks an absolute advantage in any field, it will always have a comparative advantage in the production of some goods” and will trade profitably with advanced economies.

Answer Link

Otras preguntas

PLEASE HELP QUICK!! QUESTION IN PICTURE
Which metric unit would be the best choice to report the result? kg mg ng
Aref hints that he is like a butterfly. Fill in the blank to explain how Aref is like a butterfly?
If the taxis at 0,1 and has a slope of 4/5 what is the equation
Nathan is standing in a meadow, exactly 185 feet from the base of El Capitan. At 11:00 a.m., he observes Emily climbing up the wall and determines that his angl
meaning of Accountacy.wrong answer will be reported ​
5. Police became aware of the crawl space because of a coming from the air vents. John Wayne gacy
If 0.0020 g of PbCO3 dissolves in 1.00 L of solution, what is the ksp?
The manager of a skateboard shop is desperate to hire more employees. She finds that she can review 30 job applications per hour. Write an equation that shows
find the parallelogram 42 cm 35 cm 5 cm 15 cm​