Final Exam Practice Questions Multiple Choice Identify the choice that best completes the statement or answers the question. ____ 1. Assume that Greece has a comparative advantage in fish and Germany has a comparative advantage in cars. Also assume that Germany has an absolute advantage in both fish and cars. If these two countries specialize and trade so as to maximize the benefits of specialization and trade‚ then |a. |the two countries’ combined output of both goods will be higher than
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Running head: ADVANTAGES AND DISADVANTAGES OF INDIVIDUAL RIGHTS Advantages and disadvantages of individual rights and public order University of Phoenix Advantages and disadvantages of individual rights and public order Every human being deserves to have Individual rights and they are a very important part of the justice system. Without individual rights things would be chaotic therefore‚ public order is brought into the system so that everyone’s individual rights are in place for each individual
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in the number of Mc Donal ‚ KFC ‚ Bugger King....restaurants over the world as a oblivious evidence for the hot trend of ready-food in fast-paced and sedentary life. However‚ like everything‚ it has its own pros and cons. The most demonstrable advantage of fast food is saving time. In today’ modern life ‚ people feel comfortable and convernient when they order a pizza or bugger after a hard and late work instead of spending a lot of time to cook the meal . Moreover‚ some fast food companies also
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The Advantages and Disadvantages of Incorporating a Business In order to mention all the advantages and disadvantages of incorporating a business‚ first I should try to explain what a corporation is. In 1819‚ Chief Justice Marshall of the United States Supreme court said: " A corporation is an artificial being‚ invisible‚ intangible‚ and existing only in contemplation of the law." In the Webster’s College Dictionary corporation is defined as "an association of individuals‚ created by law and having
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Advantages and Disadvantages of Social Networking Social networking sites have become extremely popular among the youth as well as the professional people. Keeping in mind‚ the growing popularity of these sites and the effect it has and the benefits that it brings along‚ it can be easily predicted that its popularity is sure to grow much more. The social networking websites are more like the virtual meeting places where people can just chill and hang out with friends. They
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There are many advantages of forming a civilization on a delta or near a river valley. One advantage is that there is plenty of fertile soil for farming. Hunters and gatherers needed to be able to produce their own food. In Mesopotamia‚ the Fertile Crescent‚ the Tigris and Euphrates flood and deposit rich soil for farming. Eventually‚ the farmers learned to irrigate the river water‚ which led to surplus food supplies. In Sumer‚ which is located on the delta of the Euphrates‚ the Sumerians were
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Advantages and Disadvantages Increased longevity Longevity is a controversial topic in many countries. Although I think humans can generally live to up 100 years old‚ for humans to live up to 100 years old in the world‚ is a great challenge itself. It would be a Mirada for someone to live on a centenarian‚ especially without the help of medicine. Nowadays‚ scientists are battling to alter our lifespan by human genetic engineering let human can live longer. Everyone can live longer‚ not just her
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| | | There is a tendency in the modern society to abandon the village and to migrate to the city. More and more people‚ especially young and well educated‚ decide to live in large cities rather than in villages. A village is a quiet place where the influence of the city is not felt much. It is indeed a very good place for rest and relaxation. I was born and brought up in the village. In fact‚ almost all of my childhood I had spent in the village. Mainly the people of the village live in unity
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Advantages: The major advantage‚ undoubtedly‚ is that the use of green technology reduces the pollution of the environment. The damage that is usually done to the environment when hotels use diesel products is very catastrophic. Diesel products emit a lot of hydrocarbons into the air that cause global warming‚ which is known to hamper marine life and make some species of the marine bio diversity extinct. However this can be avoided if the industry adopts green technology. The industry has
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Topic: The advantages and disadvantages of organic farming. In spite of organic farming’s unfortunate aspects‚ the number of farmers using this method is increasing due to its advantages. Such method of farming is of considerable benefit in the way that the issue of soil management can be effectively addressed. With organic farming‚ soil quality are maintained and fostered‚ which creates the best opportunity for farmers to take full advantage of soil for years. A further good point of this method
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