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TEA [102]
2 years ago
9

According to the law of comparative advantage, what should be the distinguishing characteristics of the goods a nation imports?

Business
1 answer:
aliina [53]2 years ago
6 0

Answer:

The correct answer is option C.

Explanation:

The law of comparative advantage states that a country will produce and export the commodity it has a comparative advantage in producing.  

In other words, if the country can produce good cheaply or at a lower opportunity cost.  

The good that cannot be produced cheaply or has a higher opportunity cost will be imported from the country that produces it cheaply.

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A

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2 years ago
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Answer: Create a new domestic product for their new market.

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2 years ago
2019,Do you think leadership style is fixed and unchangeable, or can leaders be flexible and adaptable with respect to style? Wh
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Answer:

No. I do not think leadership style is fixed.

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There are various leadership styles used by leaders in organizations depending on the type of job, the category of employees, the situation, or the organizational goal the leader is trying to achieve.

Some of these leadership styles include; bureaucratic, democratic, autocratic, servant and transactional leadership styles.

It is best for leaders to be flexible and know what style to adopt depending on the particular situation.

For example, in <u>situations where employees are inexperienced</u>, a leader should choose a leadership style (such as bureaucratic leadership) where he gives instructions and directs the employees on what to do.

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Which type of decision maker over-analyzes a given piece of information?
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