Question and answer
Specialization in a nation leads to a. absolute advantage. c. international trade. b. self-sufficiency. d. comparative advantage.
D. comparative advantage.
Get an answer
Original conversation
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: a person or nation’s ability to produce a good at a lower cost than another person or nation

User: The largest importer in the World is: a. China c. Iraq b. United States d. Russia

User: The ability to produce more of a given product using a given amount of resources is called: a. comparative advantage c. resource advantage b. absolute advantage d. technological advantage





Weegy: The ability to produce more of a given product using a given amount of resources is called b. absolute advantage.
Expert answered|zuri|Points 114|



Question
Asked 1/2/2013 4:45:55 AM
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
What did Soviet planners think they had to do to ensure economic growth?
Weegy: What did Soviet planners think they had to do to ensure economic growth User: Describe the complexities of a centrally planned economy. Weegy: Critics of planned economies argue that planners cannot detect consumer preferences, shortages, and surpluses with sufficient accuracy and therefore cannot efficiently co-ordinate production (in a market economy, [ a free price system is intended to serve this purpose). This difficulty was notably written about by economists Ludwig von Mises and Friedrich Hayek, both of whom called it the "economic calculation problem". These opponents of central planning argue that the only way to determine what society actually wants is by allowing private enterprise to use their resources in competing to meet the needs of consumers, rather those taking resources away and allowing government to direct investment without responding to market signals. According to Tibor R. Machan, "Without a market in which allocations can be made in obedience to the law of supply and demand, it is difficult or impossible to funnel resources with respect to actual human preferences and goals." ] (More)
Question
Expert Answered
Asked 1/1/2013 1:38:49 PM
0 Answers/Comments
In 1928 the Soviet Union underwent a forced transformation from an agricultural to an industrial economy under a. the Gosplan. c. perestroika. b. the Five-Year Plan. d. the Soviet Plan.
Weegy: In 1928 the Soviet Union underwent a forced transformation from an agricultural to an industrial economy under: THE FIVE-YEAR PLAN. (More)
Question
Expert Answered
Asked 1/1/2013 2:42:46 PM
0 Answers/Comments
Joseph Stalin demonstrated the main advantage of a command system by a. increasing industrial output. c. introducing the New Economic Policy. b. eliminating shortages. d. increasing the standard of living.
Weegy: Joseph Stalin demonstrated the main advantage of a command system by a. increasing industrial output. (More)
Question
Expert Answered
Asked 1/1/2013 6:10:42 PM
0 Answers/Comments
In the cartoon, what do the dark areas on the giant’s clothes represent? a. patches representing China’s potential contributions to trade b. holes representing poverty in China c. stains representing negative aspects of China’s record d. torn spots representing the results of too-rapid economic growth
Weegy: the dark areas on the giant’s clothes represent the d. torn spots representing the results of too-rapid economic growth User: All of the following are issues related to the transition from Communism to Capitalism, EXCEPT a. a system of privatization must be developed. b. communist ruling classes must have their political power solidified. c. the threat of economic instability must be confronted. d. workers must learn to live with a new set of incentives. Weegy: issues related to the transition from Communism to Capitalism, EXCEPT b. communist ruling classes must have their political power solidified. User: In Poland, Hungary, and the Czech Republic, the transition to privatization was facilitated a. by the military. c. with aid from the United States. b. by holding free elections. d. by using vouchers. Weegy: In Poland, Hungary, and the Czech Republic, the transition to privatization was facilitated Hungary is actually its own nation, [ to the south and east of the Czech Republic. ] (More)
Question
Expert Answered
Asked 1/1/2013 6:28:29 PM
0 Answers/Comments
0 questions answered
Popular Conversations
MyPlate was created to __________.
3/30/2015 1:01:53 PM| 4 Answers
eukaryotes User: prokaryotes
Weegy: The answer is A. The origin of cell membranes, it cannot be any other listed. Anything else? User: Which kinds ...
3/30/2015 5:09:22 PM| 3 Answers
A good political speech, according to the lecture, is a ...
Weegy: b. long User: For political speeches, it is suggested that you tell the audience what the main message of the ...
3/30/2015 12:01:14 AM| 2 Answers
What is anxiety disorder?
3/30/2015 12:22:28 AM| 2 Answers
Solve for x. 4x – (6 – x) = 12 + 4x
Weegy: 4x+9=8 4x = 8 - 9 4x = -1 x = -1/4 User: Which expression is equivalent to –3x + 9? User: Solve for ...
3/30/2015 11:28:27 AM| 2 Answers
Weegy Stuff
S
L
P
L
P
P
P
Points 1270 [Total 9156]| Ratings 0| Comments 1270| Invitations 0|Offline
S
1
L
Points 622 [Total 1533]| Ratings 6| Comments 562| Invitations 0|Offline
S
L
Points 543 [Total 1048]| Ratings 10| Comments 433| Invitations 1|Offline
S
P
C
L
P
L
1
P
Points 541 [Total 7848]| Ratings 8| Comments 461| Invitations 0|Offline
S
1
L
L
Points 486 [Total 7987]| Ratings 0| Comments 486| Invitations 0|Offline
S
L
Points 405 [Total 1527]| Ratings 2| Comments 385| Invitations 0|Offline
S
Points 235 [Total 235]| Ratings 2| Comments 215| Invitations 0|Offline
S
Points 199 [Total 567]| Ratings 3| Comments 169| Invitations 0|Offline
S
Points 42 [Total 158]| Ratings 4| Comments 2| Invitations 0|Offline
S
Points 35 [Total 126]| Ratings 0| Comments 35| Invitations 0|Offline
Home | Contact | Blog | About | Terms | Privacy | Social | ©2015 Purple Inc.