Countries gain from specializing in producing goods in which they have a(n) comparative advantage and trading for goods in which other countries have a(n) comparative advantage.
A country has comparative advantage in the production of a good if it produces at a lower opportunity cost when compared with other countries. A country should specialise in the production of the good for which it has a comparative advantage.
For example, if Country A has an opportunity cost of 2 in the production of jeans and Country B has an opportunity cost of 10 in the production of Jean, Country A has a comparative advantage in the production of Jeans and should specialise in its production.
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Answer:
Countries gain from specializing in producing goods in which they have a comparative advantage and trading for goods in which other countries have a comparative advantage.
Explanation:
In international trade, countries are involved in the export and import of goods and services. Export can be defined as the activity of transporting goods and services from one's own country to a foreign country for sale, while import is defined as the activity of bringing goods into one's own country from a foreign country for purchase. There are many strategies that can be used to determine which goods and services to export and which ones to import. One strategy that is often used is comparative advantage.
Comparative advantage can be defined as a state where a country can produce specific goods and services at a lower opportunity cost as compared to other trading partners. From the definition, we can deduce that the cost of opportunity is what drives whether a country will produce a good or service for export or whether they will import it from another country. if a country has a comparative advantage over the production of specific goods and services, they are most likely to export that good or service, however, if the trading partner has comparative advantage, chances are that they will import that good or service.
In many workplaces, the emphasis is often placed on extrinsic motivators such as salary, bonuses, promotions, and other rewards.
While these extrinsic factors can certainly play a role in motivating employees, research suggests that intrinsic motivators such as autonomy, mastery, and purpose are even more important in promoting long-term engagement and job satisfaction.
Autonomy refers to the degree of control employees have over their work, including decision-making authority and flexibility in work processes. Mastery involves the ability to develop and improve skills, knowledge, and expertise in one's field. Purpose refers to the sense of meaning and fulfillment employees derive from their work, including the contribution it makes to a larger goal or mission.
The presence of these intrinsic motivators can vary widely across different jobs and organizations. In some cases, employees may have high levels of autonomy, mastery, and purpose, while in other cases, these factors may be relatively low. For example, jobs that involve repetitive, routine tasks may offer less autonomy and opportunities for mastery, which can be demotivating for employees over time.
Learn more about intrinsic motivators
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Answer:
just depends what type you'er look'in for
Explanation:
just be sure to put your source on the page
Answer:
It is believed to be factual or true by most people.
Explanation:
edge 2020
b. preparing for the next client visit
c. e-mailing her boss to ask for directions
d. straightening the magazines in the lobby
Answer:
they are creating a hostile environment
Explanation:
The hostile environment is a very difficult environment in the organization especially for a new employee and creates very uncomfortable or difficult for an employee by differentiating the age, sex, religion, etc. The hostile environment includes sexual harassment that is passing jokes sexually, touching without permission, sexual comments, etc.
Therefore as per the given question male employee is asking to join the adult club to the newest female employee, this situation firstly is wrong because the male is inviting to female for the adult club so situation becomes hostile environment for female employee.
Answer:
The writer must correct the word
when a computer can't understand what you were trying to say because the word word is spelled so poorly, it can't give similar words because it doesn't know what your trying to say, also they are built to never ignore unless you specially tell them to, and finally it doesn't bring up the dictionary, trust me, i spell lots of words wrong.
Explanation:
Answer:
you did not mispell it
Explanation:
Answer:
rises above; rises above
Explanation:
According to the Taylor rule, the Fed should raise the federal funds interest rate when inflation rises above the Fed's inflation target or when real GDP rises above the Fed's output target.
Answer:
The Federal Reserve seeks to control inflation by influencing interest rates. When inflation is too high, the Federal Reserve typically raises interest rates to slow the economy and bring inflation down.
Explanation: