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It depends on what kind of goods, and the quantity of goods - and what other countries!
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∙ 12y ago
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What are the benefits of trading with other countries?
we get the stuff we dont have from other countries and the stuff we have too much of we can give to other countries.. We benefit from trade from other countries because money is given by overseas countries to pay for the goods or sevices they buy and is put into the Australian economy. By importing we receive goods or services we do not have and benefit from the growing variety.
Why had Americans relied on foreign goods too much?
Because The common Day economies has trouble getting all of the materials to make goods in our own country so we really on other countries that have those materials
What is one measure of how much goods and services cost at a particular point in time?
Consumer Price Index
Total cost of goods sold per unit consists of?
how much it will cost to produce and send out the product. It is usually more expensive to do this by unit than as a whole.
What is the implication for free trade of the theory of comparative advantage?
Under the theory of comparative advantage two nations that each have a cost advantage in the production of a specific product would both benefit from free trade by selling to each other since the total output of both nation's products sold would increase. The mathematical theory of comparative advantage was formalized by David Ricardo in 1817 and hence became known as the "Ricardian model." Economists have long debated the usefulness of the comparative advantage model in the real world since it is counter-intuitive to many people due to the fact that the model is based on two countries producing only two goods and only one factor of production (such as labor). In addition, the model computes comparative cost advantages based on which nation produces goods at a lower opportunity cost which implies that a nation would have to forgo the production of other goods in order to achieve the lowest comparative advantage. Many economists and student of foreign trade prefer to use the theory of absolute advantage in production which is easy to understand since it is intuitive. Under the absolute advantage theory two countries that each produce a particular good at a much lower cost than the other would both become wealthier as they increased production to sell their goods to each other.
What are two reasons why wages for workers in India are lower than in many other countries?
By it basic goods like food, and clothing cost much less then in many other countries.
How much does it cost to send mail to and from other countries?
1.00 Germany
How much did food and goods cost in England during World War 2?
Because of the near bankruptcy of Britain, the price of food and other goods may very will have cost a small fortune.
What is the cost of living in comparison with other countries?
The cost of living is much higher than other countries. Generally, in the United States the average person makes at least 30,000 dollars a year just to get by.
Evidence to show the decline of the secondary sector?
This secondary sector has declined because many goods are imported from many different countries. Overseas countries making goods and then they imported to UK and many other countries. That's why nowadays you can not see as much factories as before. Most goods what we are using or wearing are imported from countries such as China, India etc.
How much does it cost to export cows to other countries?
20million dallars..btws they have yellow spots..:)
Why does gasoline cost so much?
Because the other countries are asking more for importing the gas
How much does Dick's Sporting Goods cost for a r34 airsoft gun?
Not Sure But I Think About $39.99 I was Over There The Other Day.
What are the benefits of trading with other countries?
we get the stuff we dont have from other countries and the stuff we have too much of we can give to other countries.. We benefit from trade from other countries because money is given by overseas countries to pay for the goods or sevices they buy and is put into the Australian economy. By importing we receive goods or services we do not have and benefit from the growing variety.
How much does a Nintendo DS game cost?
I think 30 or so euro I think 30 or so euro
How much does it cost to build dick's sporting goods?
100
How much does the 7th Harry Potter book cost?
In the United States it costs $34.99. Sorry, I don't know any other countries cost!
