Why are countries likely to see their comparative advantage change as they develop?
Question:
Why are countries likely to see their comparative advantage change as they develop?
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 40% (10 reviews)
As the Box notes a countrys comparative advantage can often stem initially from an ...View the full answer
Answered By
Muhammad Umair
I have done job as Embedded System Engineer for just four months but after it i have decided to open my own lab and to work on projects that i can launch my own product in market. I work on different softwares like Proteus, Mikroc to program Embedded Systems. My basic work is on Embedded Systems. I have skills in Autocad, Proteus, C++, C programming and i love to share these skills to other to enhance my knowledge too.
3.50+
1+ Reviews
10+ Question Solved
Related Book For
Question Posted:
Students also viewed these Business questions
-
If the United States were to stop trading goods and services with other countries, which U.S. industries would be likely to see their sales decline the most? Briefly explain.
-
Home signs a free-trade agreement with Foreign, which lowers tariffs and other barriers to trade. Both countries are very similar in terms of economic shocks, as they each produce very similar goods....
-
Multiple Choice Questions: 1. Assume that the opportunity cost of producing a pair of pants in the United States is 2 pounds of rice, while in China, it is 5 pounds of rice. As a result, a. The...
-
The registers values in AX and BX can be exchanged using stack operations that are: Select one: a. PUSH bx PUSH ax POP bx POP AX b. none C. PUSH ax PUSH bx POP ax POP bx d. PUSH ax POP ax PUSH bx POP...
-
In 2016, McKenzie purchased qualifying equipment for his business that cost $212,000. The taxable income of the business for the year is $5,600 before consideration of any 179 deduction. Calculate...
-
Staley Toy Co. makes toy flutes. Two manufacturing overhead application bases are used; some overhead is applied on the basis of machine hours at a rate of $7.20 per machine hour, and the balance of...
-
Follow the steps below to prove the LLN without using CLT. (a) Let \(X\) be a random variable with mean \(\mu\) and variance \(\sigma^{2}\). Then for any real number \(\alpha>0,...
-
Presented is information related to Rogers Co. for the month of January 2010. Instructions(a) Prepare the necessary adjusting entry for inventory.(b) Prepare the necessary closingentries. Ending...
-
A 480-g iron pan is heated on a stove to a temperature of 130 C. The pan is then dropped into a partially-filled sink of water at 20 C. The final temperature reached by the sink and the pan is 40 C....
-
Cooper River Glass Works (CRGW) produces four different models of desk lamps as shown in Figure. The operations manager knows that total monthly demand exceeds the capacity available for production....
-
1. If reductions in developing countries debt are in the environmental interests of the whole world, then why have developed countries not gone much further in reducing or cancelling the debts owed...
-
Could a case be made out for a flexible tax on oil imports to ensure that it was always profitable to produce alcohol?
-
Use the Integral Test to determine whether the infinite series is convergent. 00 n=1 Inn n
-
Does culture or gender have something to do with how employees respond to empowerment? Please give examples.
-
At the beginning of Year 3 Randall Company had a $13,600 balance in its accounts receivable account and a $1,175 balance in allowance for doubtful accounts. During Year 3, Randall experienced the...
-
How does society strategically combat cybercrime? How effective are employee training and professional development in combatting cybercrime within an organization? If you were in a leadership role...
-
How does society define Deviance. What factors would contribute to someone behaving in a "deviant " manner?
-
How does work-life balance impact an audience? In other words, how is the issue (work-life balance) relevant to members of the audience? Why should the audience care about the response to the...
-
Why does the Federal Reserve use two definitions of the money supply rather than one?
-
Halley's comet travels in an ellipti- cal orbit with a = 17.95 and b = 4.44 and passes by Earth roughly every 76 years. Note that each unit represents one astronomical unit, or 93 million miles. The...
-
A recent study by Web Mystery Shoppers International indicates that holiday gift cards are becoming increasingly popular at online retailers. Two years ago, online shoppers had to really hunt at most...
-
Recently, an Internet service provider in the UK implemented a no-strings US-style flat-rate plan whereby its subscribers receive unlimited dial-up Internet access for a flat monthly fee of 14.99....
-
1. Determine which, if any, of Properties 4??1 through 4??4 are violated by the indifference curves shown in the following diagram. 2. The average 15-year-old purchases 12 CDs and 15 cheese pizzas in...
-
ABC Ltd gives you the following information. You are required to prepare a Cash Flow Statement by using Indirect Method as per AS-3 for the year that ended on 31 March 2004: Balance Sheets as...
-
The following funds were among those held by State College at December 31, 20X1: Principal specified by the donor as nonexpendable . . . . . . . . . . . . . $500,000 Principal expendable after the...
-
14) Dave Brown's cumulative earnings are $73,000, and his gross pay for the week is $6,200. If the FICA rates are: OASDI 6.2% on a limit of $117,000 and Medicare is 1.45%, what are his FICA-OASDI and...
Study smarter with the SolutionInn App