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comparative advantage

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โˆ™ 2010-03-01 15:32:23
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What does PAR AVION mean

What allows only a certain quantity of an item to be imported

Which organization was founded in 1995 to promote trade between nations

Which nations were the world's leading exporting nations during the mid-1990s

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Q: Which of these terms is defined as the idea of each country concentrating on making those goods it can produce most efficiently and buying from other nations those goods it cannot make as efficiently?
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The principle of each country concentrating on making those goods it can produce most efficiently and buying from other nations those goods it cannot make as efficiently is known as?

Comparative advantage


The principle of each country concentrating on making those goods it can produce most efficiently and buying from other nations those goods it cannot make as efficiently is known as .?

Comparative advantage


How do you xxplain what individual rights are?

They are human rights as defined by a country or internationally by the United Nations and international treaties.


Why does it make sense to trade with other nations?

A nation will produce what it can produce most efficiently and effectively and buy from other nations what they can produce most efficiently and effectively.


A nations border can be defined by?

all the above


How did the Industrial Revolution give an advantage to industrialized nations?

European nations had well-defined infrastructures.


What country refused to join United Nations?

What country is prevented from membership of United Nations


What distinct advantage did industrialized European nations have over the non-industrialized nations of Asia and Africa?

a well-defined infrastructure


What distinct advantage did industralized Europeans nations have over the non-industrialized nations of Asia and Africa?

A Well-defined infrastructure.


What distinct advantage did industrial European nations have over the non industrial nations of Asia and Africa?

A well-defined infrastructure.


What distinct advantages did industrialized European nations have over non-industrialized nations of Asia and Africa?

a well-defined infrastructure


What distinct advantage did industrialized European nations have over the non-industrialized nations and Asia and Africa?

A well-defined infrastructure.

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