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Q: In addition to the advantage of increasing the nation's size what risks do you think acquiring all this land presented?
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What stocks are economically sound?

One can know if a stock is economically sound if that stock's chart is constantly increasing or rarely dropping. In addition, if the stock is economically sound, then it is recommended by many.


What are static and dynamic gains of trade?

Static Gains of Trade: Reduced costs from economies of scale Efficiency gains from exploiting comparative advantage Reduction in distortion from imperfect competition Increased product variety Dynamic Gains of Trade: Benefits from trade that accumulate over time in addition to static gains from trade Static Gains of Trade: Reduced costs from economies of scale Efficiency gains from exploiting comparative advantage Reduction in distortion from imperfect competition Increased product varietyDynamic Gains of Trade: Benefits from trade that accumulate over time in addition to static gains from trade.


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.


How do less economicaly developed countries benefit from fashion?

Mainly the export of the raw materials used for the fashion 'tools'; i.e. clothing, bags helps the less economically developed countries. In addition, if the government and private companies see the "fashion" rising in that country, they can decide to increase the level of production of that "fashion" in that country, thus generating more goods and possibly increasing the GDP.


What is the noun form of the verb benefit?

The word 'benefit' is both a verb and a noun.The noun 'benefit' is a word for an advantage or profit gained from something; a payment made by an employer, government, or an insurance company; a form of compensation (paid vacation time, subsidized health insurance, or a pension) provided to employees in addition to salary; a word for a thing.The noun forms of the verb to benefit are benefice, beneficiary, and the gerund, benefiting.

Related questions

What is the act of increasing by growth or addition?

accrual


What are the Olympic victors presented in addition to their medal on the podium?

Instead of flowers, a small wooden sculpture of the Rio Olympics logo is presented. It is basically an environment issue.


Why is it an advantage to use software in a machine in addition to hardware?

ewan


What In addition to stating basic human rights the declaration of independence presented?

a list of grievances against the british crown


What are 2 ways to make the water evaporate faster?

By increasing the volume of the fire and the addition of salt.


What is the root word to profusely?

The root word of "profusely" is "profuse," which comes from the Latin word "profusus," meaning abundant or extravagant.


What weaknesses does Wikipedia have?

That the information presented on Wikipedia may not be completely true and accurate. In addition to this the answer's on Wikipedia cannot be verified.


In addition to increasing their food supply why were most slaves eager to have their own gardens?

to have some independence from the plantation owner


What is calibration chart?

With using a standard addition method the influence of matrix presented in sample is reduced.But standard addition corrects only for multiplicativeinterferences (changes in calibration curve slope), not additive interferences (changes in calibration intercept, such as spectral interferences). See http://terpconnect.umd.edu/~toh/models/Bracket.html


Which of the following is specifically presented to a retiree who retires after 30 years of service in addition to the certificate of retirement and presidential certificate?

Presidential letter of recognition


Why does not the temperature change during change of state from solid to liquid?

Addition of heat produces more liquid, breaking apart the intermolecular bonds, rather than increasing bond oscillation (increasing temperature).


Name two ways to speed up a reaction?

increasing surface area addition of a catalyst