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

The point (-3,-5) is on the graph of a function. Witch equation must be true regarding the function
how did easter start? what is the meaning?
Describe two factors that influence a president's legislative success
PLEASE HELP NEED DONE FAST LOT OF POINTS!!!!! What do you learn about the role of women in Egyptian society from the story “Just Another evening at the Club? G
I’m forgot how to do this someone help!?
Solve graphically the system of linear equations: x-y=1 x+3y=9
Which molecule is regenerated in the regeneration phase of the calvin cycle? without regeneration of this molecule, the calvin cycle would stop?
Carbon tetrachloride (ccl4 ) is used as a solvent in scientific research, but due to its role in ozone depletion it is not longer used in commercial products. w
A rectangular fish tank contains 3,240 cubic inches of water. the dimensions of the base of the fish tank are 12 inches x 18 inches. how tall is the fish tank?
98 points! Easy! Show work!