A country that can consume more than it can produce as a result of specialization and trade is referred to

Answers

Answer 1

Answer:

Gain from trade

Explanation:

A situation whereby a country can consume more than it can produce as a result of specialization and trade is referred to as GAIN FROM TRADE.

The above situation usually occurs when countries produce a surplus of the commodity in which they possess specialization and then trade it for another surplus commodity of another country, thereby making them consume more than they can produce due to occupation and exchange.

Hence, in this case, the answer is GAIN FROM TRADE.


Related Questions

how does pop culture affect our society?

Answers

Answer:

pop culture affects our society by influencing what people do.. such as fashion trends and social media. hope this helped you!!

Pop culture informs how people make sense of the world. It reveals what society believes about itself, but it can also be used as an instrument for effecting social change. “It's an interface with the world and a vehicle (for) education … Studying pop culture teaches us something new by challenging us to critically consider the society we live in. The study of pop culture helps us to gain empathy by recognizing ourselves in each other.

This river is found in western Africa and runs from Guinea to Nigeria.

Answers

Answer:

Niger it sounds bad. but i do believe this is it.

B. Which source contains a critique of communism and/or the Soviet Union?​

Answers

Answer:

Eventually, they concluded that the Soviet Union sought to eliminate freedom ... each argument contains a word that is key to identifying its corresponding policy. ... The former allies disagreed on many issues, but the chief source of conflict was the ... The containment of Communism had to be worldwide, because American

Explanation:

Other Questions
I need help if right I will mark you hi whats th median price of the items for 9.00 8.00 8.00 7.00 6.00 what does swagger mean Can someone PLEASE help me solve these problems, I need them by 9:59pm. What new role does the man see us playing in theCaribbean?*Help* 6Select all the expressions that equal 410 A cell triples in weight every hour. The cell initially weighs 0.02 grams. Suppose we want to choose 3 objects, without replacement, from the 4 objects pencil, eraser, desk, and chair.(a) How many ways can this be done, if the order of the choices is relevant??(b) How many ways can this be done, if the order of the choices is not relevant? What is the 15th term in the sequence with the given formula?An = 7n 10 2. The "Free World" is the same as:O A. the WestB. the EastO C. the nonaligned nations What is the center and radius of the circle? (x-1)^2 + y^2= 36 I really need help with this question Name the geographer who made a globe? Question 13 of 20In civil rights literature, which ideology was often at odds withmulticulturalism?A. Self-determinationB. AbolitionC. DisillusionmentD. Disenfranchisement Suppose that 60\%60%60, percent of adults in district A support a new ballot measure, while 45\%45%45, percent of adults in district B support the same measure. Pollsters take an SRS of 200200200 adults from district A and a separate SRS of 100100100 adults from district B to see the difference between the sample proportions (\hat{p}_\text{A}-\hat{p}_\text{B})( p ^ A p ^ B )left parenthesis, p, with, hat, on top, start subscript, start text, A, end text, end subscript, minus, p, with, hat, on top, start subscript, start text, B, end text, end subscript, right parenthesis. What will be the shape of the sampling distribution of \hat{p}_\text{A}-\hat{p}_\text{B} p ^ A p ^ B p, with, hat, on top, start subscript, start text, A, end text, end subscript, minus, p, with, hat, on top, start subscript, start text, B, end text, end subscript, and why? Help me with this question fast please how to make percent to decimal?ex. 76% = #/# In the cafeteria, a principal asked students what fraction of their plates contained vegetables. The line plot displays the students' responses. How many more plates of vegetables did the students who responded of a plate have than the students who responded of a plate? (look at picture) Based on the resolution, summarize the storys message about what it means to be a hero. how is the quadratic equation used in nursing? Please provide example