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What of these describes the law of comparative costs?
Countries with the most efficient factors of production could produce the most profitable goods.
What is the comparative of get?
There is no comparative of get.
What are the comparative or superlative of affectionate?
comparative
Thomas friedman's declaration that the world was now flat meant that?
the Internet has reduced the economic advantages of developed countries.
What is the comparative and superlative of the word talented?
comparative
Which of these was developed by David Ricardo?
law of comparative costs
Ano ang law of comparative advantages?
YEAH. For the Win
The law of comparative advantage was developed by who?
David Ricardo is credited with being the person who developed the law of comparative advantage. He first mentioned it in his book "On the Principles of Political Economy and Taxation" in 1817.
When was Swiss Institute of Comparative Law created?
Swiss Institute of Comparative Law was created in 1978.
When did Annual Bulletin - Comparative Law Bureau - end?
Annual Bulletin - Comparative Law Bureau - ended in 1933.
When was Annual Bulletin - Comparative Law Bureau - created?
Annual Bulletin - Comparative Law Bureau - was created in 1908.
A banker and a member of Britain's parliament who developed the iron law of wages and introduced the idea of comparative advantage in Principles of Political Economy and Taxation?
Your Answer: David Ricardo Correct
What has the author Ulrich Drobnig written?
Ulrich Drobnig has written: 'Principles of European Law: Volume Nine' 'International Encyclopedia of Comparative Law Instalment 19 (International Encyclopedia of Comparative Law)' 'Security Rights in Movables' 'Haftungsdurchgriff bei Kapitalgesellschaften' -- subject(s): Corporation law, Limited liability 'International Encyclopedia of Comparative Law , Instalment 3 (International Encyclopedia of Comparative Law)'
What term applies to this situation having a mechanic rather than dentist work on your automobile?
law of comparative advantage
How can a less developed country like Mexico have a comparative advantage relative to the US?
If they can produce something with less opportunity cost than the US. For example (purely academic and theoretical), to produce 1 million dices, Mexico has to give up 500 cars However, in the US, to produce 1 million dices, it has to give up 800 cars (due to different factors of production). Thus, Mexico has a comparative advantages over the US. Nevertheless, it is unlikely that less developed countries can gain comparative advantages over high income countries (except for example: China's sweatshops)
The western southern and northern sections of the US just before the Civil War would be examples of?
The law of comparative advantage
What has the author B S Markesinis written?
B. S. Markesinis has written: 'Comparative law in the courtroom and classroom' -- subject(s): Comparative law
