State the conditions under which a nation can gain from
State the conditions under which a nation can gain from international trade in the context of both comparative and absolute advantage, and describe the benefits of international trade.
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Explain the relationship between the price of a resource and the quantity demanded of that resource with reference to supply, demand, and derived demand.
Define marginal product, marginal revenue, value of marginal product (VMP), the marginal revenue product (MRP) of a resource and explain the relation between MRD and demand for that resource.
Write a VBA function that receives a gauge pressure and barometric pressure and then returns the absolute pressure. Have the function check whether the barometric pressure is zero
A solid wire 2.1mm in diameter carries a 10.0 A current with uniform curent density. Use Ampere's Law to determine the magnetic field strength
Distinguish between commonly used trade-restricting devices, including tariffs, quotas, voluntary export restraints, and exchange-rate controls and explain their impact on the domestic economy.
Assume a load resistor RLoad is placed in parallel with a 12 volt battery, calculate the internal resistance of the battery
Even if inflation did increase the value of exports, would the balance of trade and the exchange rate necessarily improve from inflation that is higher than in other countries?
A wastewater treatment plant uses an activated sludge process for secondary treatment of 0.300 cubic meters / second of primary effluent. The mixed liquor has a concentration of 2,100mg VSS/L, and the RAS concentration is 10,000mg VSS/L.
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