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NEW QUESTION: 1
What is the economic term used to describe the situation in which each nation specializes in the production of goods that it produces relatively more efficiently than other nations and imports those goods that are produced relatively more efficiently by other nations?
A. Comparative advantage.
B. Relative competition.
C. Balance of trade.
D. Diminishing returns.
Answer: A
Explanation:
The relevant concept is comparative advantage, which compares the costs of inputs within a single country_ In contrast, the concept of absolute advantage with respect of inputs between countries. It is possible that a country might have an absolute advantage, with respect to every product, but comparative. advantage is different from absolute advantage. A particular nation can have a comparative advantage even though it does not have an absolute advantage. For example assume that Country A can produce Item for US $100 and Item Y for US $200 and that Country B earl produce Item X for US $50 and Item Y for US $150. B has an absolute advantage in the production of both procedures however, B has a comparative advantage in producing Item X 50 100, or 50% of the A cost compared with 150 200, or 75% of the A cost for Item Y)_ A has a comparative advantage in producing Item Y 200 150. or 133% of the B cost, versus 100 50, or 200% for Item X). A nation will benefit by exporting goods in which it has a comparative advantage and importing goods in which it does not have a comparative advantage. Total output will be maximized when each nation specializes in the products in which it has the greatest comparative advantage or the least comparative disadvantage.

NEW QUESTION: 2
Which type of database does EMC Avamar use to store information about backups?
A. Oracle
B. SQL
C. MySQL
D. PostgreSQL
Answer: A

NEW QUESTION: 3
What does this command do: dsmc archive "/home/tsm/prod/" -v2archive?
A. It archives only files in the /home/tsm/prod directory but not the tsm or prod directories.
B. It archives all the files in /home/tsm/prod/ including the subdirectories using the management class v2archive.
C. It archives only the files in /home/tsm/prod/ including the subdirectories using the management class v2archive.
D. It archives files in the /home/tsm/prod directory and the tsm or prod directories.
Answer: A

NEW QUESTION: 4


Answer:
Explanation:

Explanation

Section: Understand Core Azure Services