Reply 7 | Economics homework help

Get a Price Order Now

Calculate the price
of
your order:

Number of pages

275 words

Approximate price

$ 0.00

Q.1 write reply for this article In economic terms, a country has a comparative advantage when it can produce at a lower opportunity cost than that of trade partners. I chose to take a look at Ireland which is typically described as a small, open economy. Ireland has an established comparative advantage in producing grass-based milk and meat which provides cost and food efficacy advantages at a global level (Gill, 2016). Ireland has this comparative advantage in cheese and butter due to climate and a large amount of land suitable for dairy cows. In addition, is it better for a country to export more or to import more?Exporting can bring profits to a country or money into a country, helping stimulate its economic growth. Because imports may represent goods that another country cannot make, the exporting country often has a comparative advantage (Imports vs. Exports, 2021). The exporters may produce the goods at a lower opportunity or financial cost. Gill, J. (2016, October 24). Brexit demands new efficiencies from Irish food industry. The Irish Times. Retrieved February 15, 2022, from https://www.irishtimes.com/business/agribusiness-and-food/brexit-demands-new-efficiencies-from-irish-food-industry-1.2840300

«VPNEW»

Unlock your academic potential with Vintage-paper.com! Place your essay order today and experience top-notch writing services that guarantee academic success. Our expert writers are ready to craft customized papers that will exceed your expectations.Don't wait, order now and elevate your grades

Order Now

Basic features

Free title page and bibliography
Unlimited revisions
Plagiarism-free guarantee
Money-back guarantee
24/7 support

On-demand options

Writer's samples
Part-by-part delivery
Overnight delivery
Copies of used sources
Expert Proofreading

Paper format

275 words per page
12_pt Arial/Times New Roman
Double line spacing
Any citation style (APA, MLA, CHicago/Turabian, Havard)

Guaranteed originality

We guarantee 0% plagiarism! Our orders are custom made from scratch. Our team is dedicated to providing you academic papers with zero traces of plagiarism.

Affordable prices

We know how hard it is to pay the bills while being in college, which is why our rates are extremely affordable and within your budget. You will not find any other company that provides the same quality of work for such affordable prices.

Best experts

Our writer are the crème de la crème of the essay writing industry. They are highly qualified in their field of expertise and have extensive experience when it comes to research papers, term essays or any other academic assignment that you may be given!

Calculate the price of your order

Type of paper needed:

Pages:

You will get a personal manager and a discount.

Academic level:

We'll send you the first draft for approval by at

Total price:

$0.00

Expert paper writers are just a few clicks away

Place an order in 3 easy steps. Takes less than 5 mins.

Check Prices