When countries specialize in producing goods they are most efficient at, and trade for their other goods from trading partner countries, the arrangement demonstrates: the ups and downs of global trade the ups and downs of global trade a cyclical economy a cyclical economy a competitive marketplace. a competitive marketplace. the Law of Comparative Advantage. the Law of Comparative Advantage.

Match the vocabulary word to the correct definition. 1. compensation 2. corporate social responsibility 3. discrimination 4. benefits 5. biodegradable a. a business’s obligation to the community and the environment b. the ability to naturally break down or decompose c. treating someone differently because of his or her race, religion,gender, sexual orientation, or disabilities d. indirect and non-cash compensation paid to employees e. the salary and other benefits for doing a job

You would like to compare your firm's cost structure to that of your competitors. however, your competitors are much larger in size than your firm. which one of these would best enable you to compare costs across your industry? common-size income statement. pro forma balance sheet. statement of cash flows. common-size balance sheet

Which of these is true about a mandated reporter