Does China have an absolute or comparative advantage?

Does China have an absolute or comparative advantage? Absolute advantage differs from comparative advantage, which refers to the ability of a country to produce specific goods at a lower opportunity cost. China can produce such goods more efficiently, which gives it an absolute advantage relative to many countries. Which country has an absolute advantage in […]

What is the climate found near 60 latitude?

What is the climate found near 60 latitude? Humid Continental climate is found in the interior of continents between the 30 and 60 degrees latitude, but usually above the 40 degree line. This climate is mainly found in the Northern Hemisphere since there are no major landmasses in the Southern Hemisphere. What effect would a […]

What is a recession contraction?

What is a recession contraction? In economics, a recession is a business cycle contraction when there is a general decline in economic activity. Recessions generally occur when there is a widespread drop in spending (an adverse demand shock). In a recession, the rate of inflation slows down, stops, or becomes negative. What is a recession […]

What are the four stages of presidential elections?

What are the four stages of presidential elections? Step 1: Primaries and Caucuses. There are many people who want to be president. Step 2: National Conventions. Each party holds a national convention to finalize the selection of one presidential nominee. Step 3: General Election. Step 4: Electoral College. What type of election is held every […]

What government agency regulates campaign finance and contributions?

What government agency regulates campaign finance and contributions? At the federal level, campaign finance law is enacted by Congress and enforced by the Federal Election Commission (FEC), an independent federal agency. What does the Federal Election Committee do? The Federal Election Commission enforces federal campaign finance laws, including monitoring donation prohibitions, and limits and oversees […]

How did the Age of Exploration impact Europe?

How did the Age of Exploration impact Europe? The voyages of explorers had a dramatic impact on European trade. As a result, more goods, raw materials and precious metals entered Europe. New trade centers developed, especially in the Netherlands and England. Exploration and trade led to the growth of capitalism. What effects did the age […]

What are some examples of the 3rd Amendment?

What are some examples of the 3rd Amendment? The 3rd Amendment to the U.S. Constitution concerns housing soldiers during wartime. For example, the 3rd Amendment forbids soldiers from temporarily taking up residence in citizens’ houses during peace time, unless they have consent from the homeowner to do so. Why is the 3rd amendment important? The […]

Why are guys so confused?

Why are guys so confused? And sometimes, the reason why a man is acting confused is the fact that he has no idea what he really wants. And even if you were to have a conversation with such a man and ask him what the hell he wants from you, he still wouldn’t be able […]

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