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MAXImum [283]
2 years ago
15

An examination of the Ricardian model of comparative advantage yields the clear result that trade is (potentially) beneficial fo

r each of the two trading partners since it allows for an expanded consumption choice for each. However, for the world as a whole the expansion of production of one product must involve a decrease in the availability of the other, so that it is not clear that trade is better for the world as a whole as compared to an initial situation of non-trade (but efficient production in each country). Are there in fact gains from trade for the world as a whole? Explain.
Business
1 answer:
Zarrin [17]2 years ago
5 0

Answer:There are gains from trade but the distribution of these gains may not be the same for everyone

Explanation:There are some correlation between economic growth and trade.

Global economics intergration may be a potential factor that causes trade to affect economic growth positively.

When there is global intergration companies learn to adopt new technologies and those which doesn't may phase out ,dynamic firms which can export to the world experience an increase in demand and this lead to these companies gaining the advantage of operating on larger scale where price per unit product becomes lower. This means the company isnt restricted to their country of origin.

They can also lean and be innovative as they obtain more experience from exposures to certain technologies and adopt those technologies and certain standards that make these company compete efficient.

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Which of the following types of organization development interventions involves attracting good people, setting goals, and appra
4vir4ik [10]

Answer:

A. human resources management intervention

Explanation:

Human resources interventions are oriented in the way of managing people in the more effective an efficient way. The typical responsibilities of human resources are of handling recruiting, hiring, performance, compensation, benefits, and career development.

4 0
2 years ago
Read 2 more answers
Spontaneously generated funds are generally defined as follows: a. Funds that a firm must raise externally through borrowing or
siniylev [52]

Answer: e. Funds that arise out of normal business operations from its suppliers, employees, and the government, and they include spontaneous increases in accounts payable and accruals.

Explanation:

Spontaneously Generated Funds are a result of an increase in sales. This then in turn leads to an increase in Accounts Payables, wages to employees and taxes to the Government. For example, if sales rise then the company will buy more from.its suppliers leading to a higher Payables balance.

It is used in the calculation of Additional Funds Needed where it along with an increase in Retained earnings is subtracted from the required increase in sales.

6 0
2 years ago
Carol has worked for Centrum Springs, Inc., for many years and has now been given the opportunity to advance in the company. Her
Sholpan [36]

The correct answer would be, Planning, Organizing, Leading and Controlling.

Refer to Centrum Springs, Inc. when Riley learns all that it takes to be a manager, he will be involved in Planning, Organizing, Leading and Controlling

Explanation:

A person who is being considered for the position of a manager, must be competent in these four functions of management. The four functions of management are:

  • Planning
  • Organizing
  • Leading and
  • Controlling

These four functions of management are interconnected and the other one starts after the completion of one function.

So when Riley learns all that it takes to be a manager, then he will be involved in these functions of management, where he will make plans for the growth and profitability of the organization, then he will organize according to those plan, then he will lead others to work towards the plan and finally he will have to do the controlling process to evaluate the outcomes of each implemented plan.

Learn more about functions of management at:

brainly.com/question/13542453

#LearnWithBrainly

5 0
2 years ago
Listed below are a few transactions and events of Maxum Company. Employees earn vacation pay at a rate of one day per month. Max
motikmotik

Answer:

                               General Journal

Date    Account Title and Explanation      Debit        Credit

           Vacation Benefit Expense              $13,000

                 Vacation Benefit Payable                           $13,000

          (Being accrued vacation liability made due)  

           Warranty Expense                            $18,000  

                  Estimated Warranty Liability                      $18,000

                  ($12,000 × 10 % × $15)

           (Being accrued warranty liability raised )

7 0
2 years ago
A country that advances its national interests abroad by prioritizing international cooperation, compromising with foreign allie
Neko [114]

Answer:

A country that advances its national interests abroad by prioritizing international cooperation, compromising with foreign allies, and participating in international organizations such as the United Nations is following a _____.

c. multilateralism grand strategy

Explanation:

The emphasis placed on relationships between other countries is dictated by a country's preferred objectives.  If the country encourages international relationships and cooperation with others, it is engaged in multilateralism.  This refers to an alliance of multiple countries pursuing a common goal, like the United Nations.  The opposite of this diplomatic strategy is called unilateralism.  This implies that the country chooses to go it alone without seekings the cooperation of others.  An example is when one country launches a military attack on another without seeking for the help or approval of other friendly countries.

6 0
1 year ago
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