Countries participate in international trade to:

Answers

Answer 1

Answer:

International trade allows countries to expand their markets and access goods and services that otherwise may not have been available domestically.

Explanation:

International trade allows countries to expand their markets and access goods and services that otherwise may not have been available domestically. As a result of international trade, the market is more competitive. This ultimately results in more competitive pricing and brings a cheaper product home to the consumer.

Answer 2

Answer:

obtain goods and resources they do not produce

Explanation:


Related Questions

A country is capable of efficiently producing computers but has been
devoting a large portion of its economy to building cars. The country decides
that it should focus more of its economic resources on making computers
and buy its cars from other countries. This situation best illustrates which
factor that encourages global trade?
a. acquiring natural resources
b. allowing for specialization
c. obtaining essential materials
d. eliminating trade deficits

Answers

The correct answer is B

After analyzing the scenario, the situation best illustrates allowing for specialization factor that encourages global trade. Thus, option 'B' is the correct option.

What do you mean by specialization?

A decision to specialize is made by a community, organization, or broader group in which each individual who is best equipped to carry out a particular task accepts responsibility for its effective completion. Both at the macroeconomic and microeconomic levels, specialization is possible. At the personal level, specialization typically takes the form of occupation- or job-specific specialization. Each person in a group or economy, for instance, has a special set of skills, interests, and talents that make her uniquely qualified to carry out a particular set of tasks.

A South American company harvesting bananas is an example of how specialization involves concentrating on a particular skill, activity, or production process to become the leader or expert. An economy can benefit from trade when it can specialize in production.

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Who is the the victim, complainant, and main suspect in Coolidge v. New Hampshire ?

Answers

Answer:

Suspect: Coolidge

victim: Pamela Mason

complainant:sate of new hampshire

One of a physician’s patients, a well-respected citizen in a small community, saw the doctor with a complaint of blood in his urine (hematuria). The physician asked the patient if he’d had any new sexual partners recently, and the patient admitted that he had. The physician explained to the patient that his urine specimen had been positive for the STI chlamydia. The physician urged the patient to discuss his medical condition with the patient’s wife, who was also the physician’s patient, but the man was reluctant.

Discussion Questions:

If the patient refuses to confide in the wife, what should the physician do?
What are the legal issues in this case? What are the ethical issues?

Answers

Answer:

The physician must:

*report the communicable disease to the appropriate authorities

*Warn the patient that he must do so.*

Hopefully, the patient will speak with his wife

Legal issues: Patient confidentiality: reporting a communicable disease.

Ethics issues: Notifying the wife

Explanation:

Hope this helps!

The physician must: report the communicable disease to the appropriate authorities, Warn the patient that he must do so. Hopefully, the patient will speak with his wife Legal issues: Patient confidentiality: reporting a communicable disease.Ethics issues: Notifying the wife.

What is communicable disease?

A communicable disease is one that can spread from one person to another by a variety of channels, including contact with blood or bodily fluids, breathing in an airborne virus, or being bitten by an insect.

Infectious infections that must be reported include HIV, hepatitis A, B, and C, measles, salmonella, measles, and blood-borne illnesses. The most frequent methods of transmission are feces-oral transmission, food transmission, sexual contact, insect bites, contact with contaminated formice, droplets, or skin contact.

Thus, The physician must: report the communicable disease.

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Which development most contributed to greater economic connections
between countries since the mid-20th century?

Answers

The development of more advanced shipping technology

Answer: the advancement of technology

Explanation: A P E X

What parts of our lives are controlled by laws, rules and customs?

Answers

Answer:

political

Explanation:

because they controlled our laws rules and customs

Laws, Rules, and Customs control our political, social and economical parts of our lives.

Laws, Rules, and Customs

In a develop society, where the classification and division of work and class is prominent, the need for rules and regulations become important. To maintain the class structure and to maintain "Civilized State" laws are necessary.

These laws, rules or customs affects almost every part of an individual's life. It affects their economical rights, their political rights and their social rights. Hence, Laws, Rules, and Customs controll our political, social and economical parts of our lives.

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