State and Explain Three of the Strategies You Should Take

question 3

Essay

State and explain three of the strategies you should take to avoid plagiarism.

Identify how differences in opportunity costs between countries lead to mutual benefits from trade.

Understand the concept of terms of trade and its importance in international exchanges.

Recognize the impact of human and physical capital in determining a country's comparative advantage in certain industries.

Understand why countries might import and export the same type of goods because of the simple comparative advantage theory.

---

Definitions:

Overly Apologetic

The tendency to say sorry excessively, often without necessity or in situations not requiring an apology.

Polite Tone

A manner of communicating that is respectful and considerate towards others, often characterized by a gentle and courteous approach.

Dealing Problem

The approach or method adopted by an individual to confront and solve challenges or difficulties they encounter.

Customer Complaint Process

A structured approach businesses use to address and resolve complaints made by customers.