Notice: Payments for answers will end 4/10/2017. Click for more info.
You have new items in your feed. Click to view.
Question and answer
Q: How does comparative advantage affect a nation’s trade? A nation is better off producing goods and services for which it has a comparative advantage. A nation is better off purchasing goods and
services for which it has a comparative advantage. A nation is better off investing in goods and services for which it has a comparative advantage. A nation is better off borrowing goods and services for which it has a comparative advantage.
A: What is your question here, please calrify
Get an answer
Original conversation
User: How does comparative advantage affect a nation’s trade? A nation is better off producing goods and services for which it has a comparative advantage. A nation is better off purchasing goods and services for which it has a comparative advantage. A nation is better off investing in goods and services for which it has a comparative advantage. A nation is better off borrowing goods and services for which it has a comparative advantage.

Weegy: What is your question here, please calrify
uxiali|Points 1605|

User: The law of comparative advantage states that a nation is better off when it produces goods and services for which it has the comparative advantage. How is a comparative advantage obtained? a. by increasing the amount of goods that are traded b. by producing only products with a high demand value c. by limiting trade to nonrenewable products d. by producing a product with a lower opportunity cost

Weegy: Limitations of the Theory of Comparative Advantage 1. Transport costs may outweigh any comparative advantage 2. Increased specialisation may lead to diseconomies of scale 3. Governments may restrict trade 4. [ [ Comparative advantage measures static advantage but not any dynamic advantage for example in the future India could become good at producing books if it made the necessary investment ] ]
vcj2028|Points 371|

User: According to the law of comparative advantage, a country should a. specialize and export goods with the highest opportunity cost. b. specialize and export goods with the lowest production cost. c. specialize and export goods with the lowest opportunity cost. d. specialize and export goods with the lowest average cost.

Weegy: According to the law of comparative advantage, a country should c. specialize and export goods with the lowest opportunity cost.
aLorin|Points 80|

User: Which of the following are activity patterns? a. saving c. producing b. investing d. all of the above

Weegy: d)all of the above are activity patterns
migzptz|Points 7632|

User: Specialization in a nation leads to a. absolute advantage. c. international trade. b. self-sufficiency. d. comparative advantage.

Weegy: D. comparative advantage.
Lhei0910|Points 172|

User: Trade occurs, generally speaking, because it is a _______ sum game.

Weegy: Trade occurs, generally speaking, because it is a POSITIVE sum game.
Expert answered|Janet17|Points 5640|

Question
Asked 1/5/2014 4:46:07 PM
0 Answers/Comments
New answers
Rating

There are no new answers.

Comments

There are no comments.

Add an answer or comment
Log in or sign up first.
Questions asked by the same visitor
Seeds from flowering plants and coniferous plants are different because:
Weegy: c. seeds from flowering plants are enclosed in the ovary. User: Which type of plant lives for only one year? annual perennial gnetophytes ginkgophytes Weegy: Annual Plant is the type of plant that lives for only one year. User: All seed plants produce flowers. True or False. Weegy: Seeds grow become a young plant is called new plant. true or false? TRUE. Flowers that grow on water plants? ... [ they produce seed Do conifers grow flowers? false ... ] User: Deciduous trees lose their leaves each spring and fall. Weegy: penis. No. Deciduous trees lose their leaves in the autumn and then grow new ones in spring. [ ] User: What plant is completely extinct at the Cenzoic Era (More)
Question
Not Answered
Updated 12/26/2014 9:42:22 AM
1 Answer/Comment
Deciduous trees lose their leaves each year. This is True.

Added 12/26/2014 9:42:22 AM
This answer has been confirmed as correct and helpful.
Confirmed by Kaysha [12/26/2014 10:05:35 AM]
term for a company that owns more than one bank
Weegy: Bank Holding Company : a company that owns more than one bank . (More)
Question
Expert Answered
Asked 1/5/2014 4:04:27 PM
0 Answers/Comments
Internal financing is derived from foreign nations.
Question
Not Answered
Updated 9/26/2016 2:23:11 AM
1 Answer/Comment
Internal financing is derived from foreign nations. FALSE.

Added 9/26/2016 2:23:11 AM
This answer has been confirmed as correct and helpful.
Confirmed by Andrew. [9/26/2016 6:42:40 AM]
Congress passed the Sherman Antitrust Act to
Question
Not Answered
Updated 1/6/2014 3:58:55 PM
1 Answer/Comment

Congress passed the Sherman Antitrust Act in 1890 to combat anticompetitive practices, reduce market domination by individual corporations, and preserve unfettered competition as the rule of trade.

Added 1/6/2014 3:58:55 PM
This answer has been confirmed as correct and helpful.
Who won the Pulitzer prize for the novel The Age of Innocence, a stark portrait of upper-class New York society in the 1870s
Question
Not Answered
Updated 142 days ago|12/4/2017 11:40:42 AM
1 Answer/Comment
Edith Wharton won the Pulitzer prize for the novel The Age of Innocence, a stark portrait of upper-class New York society in the 1870s.

Added 142 days ago|12/4/2017 11:19:04 AM
This answer has been confirmed as correct and helpful.
Confirmed by yumdrea [12/4/2017 11:40:44 AM]
26,823,403 questions answered
Popular Conversations
What does throttle mean?
4/16/2018 10:25:30 AM| 5 Answers
How many amino acids are there? A. Three B. Seven C. ...
Weegy: Amino acids are organic compounds that combine to form proteins.
4/20/2018 7:55:39 AM| 3 Answers
Solve 7(x - 3) = -70.
Weegy: Step 1. 5x-10-3x+12=10 Step 2. 2x+2=10 Step 3. 2x=8 ...
4/20/2018 11:45:54 AM| 3 Answers
Ancient cyanobacteria released ______, which assisted in creating the ...
Weegy: Cyanobacteria, is a phylum of bacteria that obtain their energy through photosynthesis. User: The epoch in ...
4/16/2018 10:31:53 AM| 3 Answers
What is the double jeopardy principle
Weegy: Principle is a law or rule that has to be, or usually is to be followed, or can be desirably followed, or is an ...
4/19/2018 6:55:12 PM| 3 Answers
Binary star
Weegy: Binary means composed of two pieces or two parts. User: Constellations
4/24/2018 12:12:08 PM| 2 Answers
What’s 307,495 rounded to the nearest thousand
Weegy: 307,495 rounded to the nearest thousand is 307,000. User: Which of the following statements about the number ...
4/20/2018 6:40:52 PM| 2 Answers
Find the next term for sequence 9, 6, 4
4/20/2018 9:05:24 PM| 2 Answers
Weegy Stuff
S
P
L
P
P
P
P
Points 246 [Total 672] Ratings 0 Comments 246 Invitations 0 Offline
S
R
L
R
Points 231 [Total 369] Ratings 0 Comments 31 Invitations 20 Offline
S
1
L
L
P
R
P
L
P
P
R
P
R
P
R
Points 220 [Total 13023] Ratings 0 Comments 210 Invitations 1 Offline
S
L
Points 97 [Total 97] Ratings 1 Comments 57 Invitations 3 Offline
S
Points 71 [Total 71] Ratings 0 Comments 21 Invitations 5 Offline
S
Points 50 [Total 50] Ratings 0 Comments 0 Invitations 5 Offline
S
P
L
Points 35 [Total 126] Ratings 0 Comments 35 Invitations 0 Offline
S
Points 30 [Total 35] Ratings 3 Comments 0 Invitations 0 Offline
S
P
Points 24 [Total 68] Ratings 0 Comments 24 Invitations 0 Offline
S
Points 20 [Total 20] Ratings 1 Comments 0 Invitations 1 Offline
* Excludes moderators and previous
winners (Include)
Home | Contact | Blog | About | Terms | Privacy | © Purple Inc.