Business, 06.11.2019 23:31 haileygrace4154
Factor proportions theory differs from the theory of comparative advantage in that the focus of factor proportions theory is on the minimization of trade surpluses, whereas the comparative advantage theory focuses on the mercantilist idea that international trade is a zero-sum game accumulation of financial wealth in the form of gold by encouraging imports and discouraging exports, while the comparative advantage theory focuses on usage of the most abundant factors of production usage of the most abundant factors of production, while the focus of the comparative advantage theory is on the productivity of the production process productivity of the production process, while the comparative advantage theory focuses on maximization of production and consumption
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Business, 21.06.2019 21:40, tonya3498
The board of directors is the highest ranking body in a corporation, and the chairman of the board is the highest ranking individual. the ceo generally works under the board and its chairman, and the board generally has the authority to remove the ceo under certain conditions. the ceo, however, cannot remove the board, but he or she can endeavor to have the board voted out and a new board voted in should a conflict arise. it is possible for a person to simultaneously serve as ceo and chairman of the board, though many corporate control experts believe it is bad to vest both offices in the same person. true false
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Business, 21.06.2019 22:40, Maddy1212
The vaska company buys a patent on january 1, year one, and agrees to pay $100,000 per year for the next five years. the first payment is made immediately, and the payments are made on each january 1 thereafter. if a reasonable annual interest rate is 8 percent, what is the recorded value of the patent? 1. $378,4252. $431,2133. $468,9504. $500,000
Answers: 3
Factor proportions theory differs from the theory of comparative advantage in that the focus of fact...
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