Identify one piece of evidence to show how the european legal system contributed to the role of europeans in the ocean trade

Europe's legal system holds up enough influence over other countries, especially when trading is involved. Such an example is The Djibouti Code of Conduct made by the UK government in 2009, which helped Indian Ocean Trade by preventing and repressing armed robbery against ships. A total of 20 countries have signed the document and committed to ensure better marine protection and benefits concerning piracy and armed robbery in the Western Indian Ocean and the Gulf of Aden.

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levels of production can be increased by technology while holding labor and capital constant, because increased technology makes the production process more efficient. subsequently, the lras curve is almost a vertical line, that can shift to the right, with an increase in technology.

the relationship between the lras curve and the ppc is that both can make the economy could grow. the ppc achieves that when it shifts outward because of more resources or technological advances while the lras curve shifts if more resources are developed or if there are technological advances.

the lras curve is a vertical line at an output level that represents the number of goods and services a nation can produce over a sustained period using all of its productive resources as efficiently as possible with all of the current technology available to it.

the production possibilities frontier (ppf) is a graphical device that is used for economic analysis of production decisions because the ppf measures the maximum possible combinations of two goods that an economy is capable of producing with its currently available resources and technology.