Which situation best illustrates how global trade promotes specialization?
A. A country sets strict limits on the amount of goods it can import
from other countries in a single year.
B. A country tries to export as many goods as possible by making a
huge variety of different products.
C. A country imports food and medicine from its neighbors so that
its workers can focus on making cars.
D. A country ensures that it will not become too reliant on trade by
producing all of its own food and clothing,

Answers

Answer 1

Answer:

C. A country imports food and medicine from its neighbors so that

its workers can focus on making cars.

Explanation:

Just got it right on my quiz!

Answer 2

The situation that best illustrates how global trade promotes specialization is that a country imports food and medicine from its neighbors so that its workers can focus on making cars.

Specialization by nations or individuals makes them to produce at the lowest cost and then trade with others,

International trade often promotes specialization and division of labor and increases output and consumption. When an economy specializes in production, it brings about gains from international trade.

An example, a country can produce rice at a lower cost than beans, it can choose to specialize and dedicate all its resources to the production of rice, using some of them to trade for beans.

Conclusively, by specialization, countries specialize in certain products which they trade for other goods.

Learn more from

https://brainly.com/question/20504834


Related Questions

when the Vat rate is 15% a customer pays Rs 1610 to buy an electric iron . Find the cost of the iron without Vat.​

Answers

is this a real answer what the actual f

How responsible should sport/event organizations, celebrities, and athletes be for keeping their various publics happy? We know that good publicity boosts goodwill and profits. But, should individuals have to keep their personal beliefs private so they won’t offend anyone? For example, some musicians may highlight their political views on stage at their concerts. Or, an athlete may make comments in an interview that could offend certain groups. Perhaps he’s an avid hunter, a hobby that some animal rights activists would certainly not support. What do you think? Where should celebrities and athletes draw the line between building fan support and being true to themselves?

Answers

Answer:

I dont really know

Explanation:


In a period of economic difficulty, a product with a low elasticity of demand
will:
A. experience a major decline in sales right away.
B. continue to be purchased at about the same rate.
C. stop being produced until the economy improves.
D. increase in sales due to a perceived lack of supply,

*NEED ASAP*

Answers

I think it has to be A

A large corporation wants to expand into Asian markets. They want to issue a bond and plan to guarantee the bond with land holdings in Latin America so What type of bond would they issue ? Why?

A. Corporate
B. Municipal
C. Agency
D. US Treasury

Explain why

Answers

Answer:

A. Corporate

Explanation:

Corporate bonds are debts instruments used by public and private corporations to raise capital from investors. They offer predetermined interest payments to the investor and the principal amount when the bond matures. Corporate bonds are riskier than government securities; that why they offer a higher interest rate.  

To attract investors to purchase a bond, a corporate may use some of its assets to back the bond. The assets become collateral for the bond. The land in Latin America will guarantee the bond. Investors will have the right to dispose of the land to recover their money should the company fail in its bond obligations.

why do private sector firms seeking profit will allocate scarce resources to the production of goods and services and will it be able to make good quality products for consumers?

Answers

Answer:

Markets use prices as signals to allocate resources to their highest valued uses. ... Businesses also have dual roles—they supply goods and services and demand resources. The interaction of demand and supply in product and resource markets generates prices that serve to allocate items to their highest valued alternatives.

Explanation:

Hope this helped.. ;)

which of the following is not one of the three types of business arrangements in the united states

Answers

Answer:

1. c. sole partnership

2. d the owner

3. b a propietor

4. d form a limited liability company

5. d a partnership

6. c limited and general

7. b each general

8. a corporation

9. a the government

10. d legal protection

Explanation:

i just finished Types of Buisness Arrangements hope this helps

1. During light phase of photosynthesis. Medien
is oxidised and MANA
is
reduced.​

Answers

Answer: The correct answer is 'water and NADP' respectively.

Explanation:

The light reaction takes place in thylakoid discs. There, water is oxidized and oxygen is released. The hydrogen is accepted by NADP and hence get reduced to NADPH  2

2 Select the correct answer. Which characteristic describes the privatization of Social Security? O A. increases the employer's contribution to Social Security OB. raises the retirement age to claim full benefits to 70 O C. enables Americans to invest their Social Security contributions in the stock market OD. reduces benefits across the board by 13 percent O E. obtains a loan from the Fed Reset Next

Answers

Answer:

C. enables Americans to invest their Social Security contributions in the stock market

Explanation:

It is known that there are many different types of proposals for the privatization. Most of the people have an existing funds that can be used to buy on the market and the individual people can have different ways or options of how the funds of theirs are being handled in the market. Like for suppose they can take control over their funds and purchase or even sell their shares in the market. They they can take help from an investment company to move their shares and can also even leave heir original shares which were bought by government at the transition for privatization. Hence, the bottom line is, individual people can have some control of their own shares in the market.

I'm watching RUBBE LANA videos

Answers

Answer:

Thats cool

Explanation:

QUESTION 2 of 10: Which of the following would be indirect competition for a candy store?
a) Walmart, which sells candy
b) A hard candies boutique shop
c) A candy superstore
d) None of the above

Answers

Answer:

A, Walmart that sells candy

Explanation:

Walmart does not specalize in candy, but sells, making it indirectly a competitor.

The indirect competition for a candy store among the following is Walmart, which sells candy. Thus the correct option is A.

What is competition in business?

The type of race or contest between two organizations that offered similar products with similar rates and quality to their customers or have common target customers is referred to as business competitors.

The business competitors are both direct and indirect. Direct competitors are those who directly compete in the same market whereas indirect competitors are those who are not present in a similar market but tehir offerings are sometimes found common.

In the given Option, Walmart is referred to as indirect competition as it sells candy whereas direct competition is considered as shops which are having expertise In Candy with variety and taste.

Therefore, option A is appropriate.

Learn more about the Competition, here:

https://brainly.com/question/27581552

#SPJ2

I NEED HELP PLEAASEEE

Answers

I think it is coupons. You are right

Yes definitely coupons

What happens at oceanic-continental convergent boundaries

Answers

Answer:

The first type of convergent boundary is Oceanic-Continetal Convergence. This type of convergent boundary happens where an oceanic plate and a continental plate push together causing the oceanic plate to be forced under the continental plate into the mantle because the oceanic plate is thinner. This is called a subduction.

Explanation:

Using the accounting equation (A = L + OE) calculate the amount of equity the company has if your assets are worth $10,000 total, while your debt is $5,000.

Answers

Answer:

$5,000

Explanation:

The Equation  (A = L + OE) is the accounting equation that guides in preparing a balance sheet. The equation in full is

Assets = Liabilities + Owners Equity.

In this case

Assets = $10,000 , liabilities = $5,000, equity = ?

$10,000 = $5000 + Equity

Equity = $10,000 - $5,000

Equity = $5,000

10 reasons why kids should have phones Use your own words Explain your reasons

Answers

Explanation:

For enjoying and enjoying the time of your life

To encourage responsibility

To inspire trust between you

To help them get home

To improve their organization

To download educational apps

To help create memories

To keep them occupied

To develop essential skills

To stay safe

To talk to friends

To keep in touch

At which point on the business cycle would most likely find cyclical unemployment?

Answers

Answer:

Recession cycle

Explanation:

Cyclical unemployment is the nature of unemployment caused by the natural cyclical trends in the economy.  The economy undergoes seasons of boom and downturns. These seasons occur repetitively in a country from time to time.

When the economy is experiencing growth(boom or expansion), the production level is high, resulting in the creation of many job opportunities. During recessions ( economic downturns), demand and production decline leading to loss of jobs. The rate of unemployment increases. The type of unemployment created by the decline in economic activities is cyclical unemployment.

Malinda's auto dealership of imported cars made $895,000 in revenue. The manager has determined that the total expenses equal to $598,000. Will this business net a profit or loss? _____ How much of a profit or loss? _____

Answers

Answer:

Profit : $297,000

Explanation:

Revenue is the earnings generated by a business by selling products and services. Expenses are the cost incurred in the process of generating revenue for the business.

A business will make profits if revenue exceeds expenses.

In this case, the revenue ($895,000) exceeds expenses($598,000). Therefore, the business will make a profit.

The profit will be revenue minus expenses

=$895,000 -$598,000

=$297,000

When writing a check, you complete all of these steps except for _____.

signing the back of the check
writing the date
writing the amount in numbers
writing the amount in words
signing the front of the ch

Answers

Answer:

SIGNING THE BACK OF THE CHECK

What was in the sealed box from the Virginia Company in England that the settlers

A opened once they arrived?

B guns and weapons for protection from Indians

C gold

D the names of the seven men who would be the leaders

E a map that showed where the gold was

Answers

Answer:

B

Explanation:

Answer:

The Virginia Company sent a list of seven qualified men who could serve on a council and be the leaders. The company leaders did this because they knew the men would have a hard time agreeing on who should be the leaders.

Explanation:

Harry’s shoe store has noticed a significant increase of revenue of $123,000. The manager has also determined that the total expenses equal to $128,000. Will this business net a profit or loss? _____ How much of a profit or loss?_____

Answers

Answer:

Net loss; $5,000

Explanation:

$123,000 (income)

- 128,000 (expenses)

_________________

-5,000

Type the correct answer in the box. Spell all words correctly.
How can you price your product or service at its worth or even more?
You can price your product or service at its worth or even more if you offer
facility.

Answers

Answer:

Credit Facility

Explanation:

You can price your product or service at its worth or even more if you offer credit facility.

In approximately 200 words, explain how architects benefit from consulting and working in concert with other professionals when designing a new building. Mention the work of at least three other professions and explain the contribution these other professionals can make to the complete environment surrounding building design rather than the traditional approach in which an architect simply draws on his or her own knowledge of that discipline.

Answers

People need places in which to live, work, play, learn, worship, meet, govern, shop, and eat. Architects are responsible for designing these places, whether they are private or public; indoors or out; rooms, buildings, or complexes. Architects are licensed professionals trained in the art and science of building design who develop the concepts for structures and turn those concepts into images and plans.

Architects create the overall look of buildings and other structures, but the design of a building involves far more than its appearance. Buildings also must be functional, safe, and economical and must suit the needs of the people who use them. Architects consider all these factors when they design buildings and other structures.

Architects may be involved in all phases of a construction project, from the initial discussion with the client through the final delivery of the completed structure. Their duties require specific skills—designing, engineering, managing, supervising, and communicating with clients and builders. Architects spend a great deal of time explaining their ideas to clients, construction contractors, and others. Successful architects must be able to communicate their unique vision persuasively.

The architect and client discuss the objectives, requirements, and budget of a project. In some cases, architects provide various predesignated services: conducting feasibility and environmental impact studies, selecting a site, preparing cost analysis and land-use studies, or specifying the requirements the design must meet. For example, they may determine space requirements by researching the numbers and types of potential users of a building. The architect then prepares drawings and a report presenting ideas for the client to review.

DO NOT USE THE ONE ABOVE You will get an Academic Dishonesty bc edge says it was copied which it was

The "E" in ALERT stands for Employees and reminds you to (Choose all answers that apply)

A. Know who (which employees) are in your facility.
B. Limit employees access to prep & storage areas.
C. Conduct background checks and verify credentials.
D. Test employees knowledge of allergens.

Answers

the answer is A i believe

The farm always comes_______. This is something many feel the general public does not understand unless they came from a farm.

Answers

Answer:

First

Explanation:

something many people dont understand is a farm is a business and it always comes first. hope this helps

Trade barriers can be beneficial to a country because they
A. make businesses in the country more efficient at producing
goods.
B. prevent the country from becoming too reliant on foreign goods.
C. lower the overall cost of producing goods within the country.
D. increase the variety of consumer goods available in the country.

Answers

Trade barriers can be beneficial to a country because they prevent the country from becoming too reliant on foreign goods.

The trade barriers imply the restrictions that authorities put on the movement of imported goods domestically for making them less affordable for people. Thus, these barriers are introduced in the form of tariffs, quotas, licenses, and others.

The trade barriers are initiated in order to safeguard domestic producers' interests and make the nation self-reliant. Thus, the foreign reserves and revenues of the nations tend to rise.

Learn more about trade barriers here:

https://brainly.com/question/2390849

Answer: help businesses that imply workers within the country

Explanation:

this is an alternative answer, if your answers/options aren’t on here

Which country is not an example of a command economy?

Haiti
China
Vietnam
Cuba

Answers

Answer:

Haiti

Explanation:

A command economy is one where the government controls economic productions. The government owns the factors of production.  It is the government that determines what, when, and how much to produce. The government regulates prices, and there is no competition.

Some of the countries that have command economies include Belarus, North Korea, Cuba, Iran, Libya, China, and, Russia

Haiti has a free market economy. It is a developing economy that has many elements of a traditional economy.

6.If your company matches 75 cents on the dollar, and you contribute $200 a paycheck, how much will your employee match?

PLZ HELPPP I DONT UNDERSTAND THIS

Answers

Answer:

Your employee match will be 0.75 x 200

so only around $17.5

The four types of promotion that are commonly used are personal selling, sales promotion, advertising, and relations. о O a) Private b) Vendor c) Customer d) Public O​

Answers

Answer:

Public relations ...PR

Explanation:

Public relations refers to the company's efforts to establish and maintain good and mutually beneficial relationships between itself and the public. It is the process of creating a good reputation for a business in society.

A good reputation is a great asset that helps a business drive its sales. With increased competition, reputation makes a brand stand out from its rivals. Public relations is the process of managing

reputation by interacting and building good relationships with all the company's stakeholders.

Give two leadership skills and how they will help you as a manager.

Answers

Answer:

Communication. One of the most important skills of a leader is the ability to communicate effectively. ...

Awareness. ...

Honesty/Integrity. ...

Relationship Building. ...

Innovation. ...

Developing Leadership Skills.

Explanation:

gave5 ywww

Use the following quote to answer the question.

"The power to propose the revision or amendment of any portion or portions of this constitution by initiative is reserved to the people, provided that, any such revision or amendment, except for those limiting the power of government to raise revenue, shall embrace but one subject and matter directly connected therewith."

The quote above is from the

Answers

Answer:

The Florida Constitution  Article XI: Section 3

Explanation:

The above article is an extract from the Florida Constitution  Article XI: Section 3. It extends the power to amend any sections of the constitution to the people except for limiting the government's power to raise revenue.

Answer: this quote is from the Florida constitution

Explanation:

hope this helps

Malinda's auto dealership of imported cars made $895,000 in revenue. The manager has determined that the total expenses equal to $598,000. Will this business net a profit or loss? _____ How much of a profit or loss? _____

Answers

Answer:

Profits : $297,000

Explanation:

Revenue is the money a business gets by selling its products and services to customers. Expenses are the cost incurred in the normal business process, like production and selling.

A business is profitable when revenues are more than expenses.

For Malinda Auto dealership, the revenue ($895,000) is more than expenses($598,000). Therefore, the business will make a profit.

Profit = revenue - expenses

=$895,000 -$598,000

=$297,000

Other Questions
HELP ME PLEASEEEEEEEEEEEE What is the main reason for asking yourself what you agree with in a particular text?A) It helps you prepare to defend the author's claim.B) It helps you prepare to challenge the author's claim.C) It helps you prepare to find holes in the argument.D) It helps you prepare to question the main ideas. I NEED HELP IM STUCK ON AMBITOUS I DID ALL OF THE THINGS Solve a = d+c/d for d. d = ab + c d = a/b - c d = ab - c Sydney cabs charge $3.60 Flag Fall plus $2.19 per km. (a) write down an equation to calculate the cost ,C, of cab fare for a distance of kilometers. (b) use your equation to calculate the cost of cab fare for a distance of 15 km What is the inverse of the function f(x) = 2x - 10? give and describe the characteristics of the three parts of the middle ages. Jordan works at a bakery. The owner tells Jordan she wants to take 20% off a $75.00 cake. If the cake still doesn't sell, the owner will again reduce the price by 10%. Jordan tells the owner to reduce the original price by 30% because the sale price would be the same.Is Jordan correct?Yes, the owner's method and Jordan's method both equal a 30% discount off the original price.Yes, the sale price for both the owner's method and Jordan's method is $52.50.No, Jordan's method has a greater effect on the sale price.No, the owner's method has a greater effect on the sale price Which rule describes this transformation? Which part of the membrane can catalyze chemical reactions How is the Middle Passage and Columbian Exchange related? It takes a book editor 28 minutes to edit 6 pages. Find how long it takes her to edit 45 pages The average American eats 16 pounds of turkey each year. Using the average, how much turkey will be eaten this year by the entire town of Turkey, TX (population 410)? Sherman is training for his bike.He rides his bike 6 1/4 miles in 1/3 hour.What is shermans rate in miles per hour explain why you believe the federal governments management of mail-in voting either upholds or challenges Listen to the audio and then answer the following question. Feel free to listen to the audio as many times as necessary before answering the question. What are the family plans for Sunday evening? 0.00 / 0:07 : Ovisit friends O go to churchO visit cousins O visit grandparentsIF YOU ARENT ANSWERING FR PLEASE PLEASE DO NOT, DO NOT ANSWER IF U CANT GIVE ANSWER What are the four properties that will never change PLS HELP! This is the last problem I need. After finding the length of P explain ur reasoning and Ill give u brainliest! Penny reads 13 pages in 1/2 hour. What is the unit rate for pages per hour? For hours per page? How many hours per page Is this correct...?