Sign In
Ask Question
Social Studies
Maestro
19 January, 14:23
The basis for free trade is a concept of
+4
Answers (
1
)
Triston Harding
19 January, 17:02
0
The concept you are talking about is the one known as comparative advantage. Most of the times, comparative advantage is compared to the competitive advantage because both of them exist when the price of inputs and outputs are an accurate indication of some kind of scarcity. This is a law that refers to the ability of producing goods at a lower opportunity cost than other economic actors
Comment
Complaint
Link
Know the Answer?
Answer
Not Sure About the Answer?
Get an answer to your question ✅
“The basis for free trade is a concept of ...”
in 📙 Social Studies if there is no answer or all answers are wrong, use a search bar and try to find the answer among similar questions.
Search for Other Answers
You Might be Interested in
What aspect of american society did tocqueville see as a potential threat to democracy?
Answers (1)
International trade a. lowers the standard of living in all trading countries. b. leaves the standard of living unchanged. c. raises the standard of living for importing countries and lowers it for exporting countries. d.
Answers (2)
What is the current constitutional limit on the number of times a person may be elected president?
Answers (1)
Which best describes the way photographs are considered by historians? A) primary source documents that are useful in the study of history B) reliable sources for the study of history only if from a named source C) secondary source documents that
Answers (1)
The sans-culottes were theof france, and their influence resulted in the revolution growing more. Robespierre was elected to lead the. He used the committee to target those who opposed the revolution. He was eventually removed from office when he.
Answers (2)
New Questions in Social Studies
Joyce has been the evening news anchor at the local television station for the past 10 years; recently, she was transferred to another, less visible position.
Answers (1)
Why did the richest pot planters in Georgia and the South colonies tend to remain loyalists
Answers (1)
Definition of go the ends of earth
Answers (2)
First female to complete the requirements for a phd in psychology
Answers (1)
People opposed to immigration were known as a. foreigners. c. nativists. b. anti-aliens. d. aliens.
Answers (2)
Home
»
Social Studies
» The basis for free trade is a concept of
Sign In
Sign Up
Forgot Password?