What is comparative advantage in international trade?

What is comparative advantage in international trade? Comparative advantage is an economy’s ability to produce a particular good or service at a lower opportunity cost than its trading partners. Comparative advantage suggests that countries will engage in trade with one another, exporting the goods that they have a relative advantage in. What is the difference […]

How can competitive advantage be improved?

How can competitive advantage be improved? 6 Ways to Gain Competitive Advantage Create a Corporate Culture that Attracts the Best Talent. Define Niches that are Under-serviced. Understand the DNA Footprint of Your Ideal Customer. Clarify Your Strengths. Establish Your Unique Value Proposition. Reward Behaviors that Support Corporate Mission and Value. How can a firm best […]

Who fought to abolish slavery?

Who fought to abolish slavery? Learn how Frederick Douglass, William Lloyd Garrison, and their Abolitionist allies Harriet Beecher Stowe, John Brown, and Angelina Grimke sought and struggled to end slavery in the United States. What do you call someone who frees slaves? A freedman or freedwoman is a formerly enslaved person who has been released […]

What was the feudal system in Japan?

What was the feudal system in Japan? Feudalism is a type of government where a weak monarchy (emperor) tries to control an area of land through agreements with wealthy landholders. The feudal period of Japanese history was a time when powerful families (daimyo) and the military power of warlords (shogun), and their warriors, the samurai […]

What is the tendency to overestimate personal attributions in others and downplay situational ones?

What is the tendency to overestimate personal attributions in others and downplay situational ones? The fundamental attribution error, also called the correspondence bias, describes the tendency for observer’s to attribute other people’s behavior to internal or dispositional factors and to downplay situational causes (Gilbert & Malone, 1995). Is the tendency of an individual who observes […]

How do extracurricular activities benefit high school students?

How do extracurricular activities benefit high school students? Extracurricular activities provide a channel for reinforcing the lessons learned in the classroom, offering students the opportunity to apply academic skills in a real-world context, and are thus considered part of a well-rounded education. What are some extracurricular activities in high school? Impressive Extracurricular Activities: Student Government. […]

What happened to David after Bathsheba?

What happened to David after Bathsheba? A beautiful woman, she became pregnant after David saw her bathing on a rooftop and had her brought to him. David married the widowed Bathsheba, but their first child died as punishment from God for David’s adultery and murder of Uriah. David repented of his sins, and Bathsheba later […]

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