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What do you think of an idea of comparative advantage as a basis of international division of labor? Do you agree or disagree with it? Try to provide an example of international production division that supports your opinion.
Business Economics, Economics
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Describe five changes in the vaiables that will cause demand for a product to increase, shifting the demand curve to the right?
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It has been a bad day for the stock market and you have heard that only 30% of all stocks gained value. Suppose you have a portfolio of 10 securities and assume a binomial distribution for the number of your stocks that ...
In an inquiry into the nature and causes of the wealth of nations, Adam Smith listed three reasons for productivity to increase with specialization. What are these three reasons?
If the market for a good is operating in the inelastic range of market demand. Which of the two policy that follow is more effective when handling (technical) externalities: Cap-and-trade or emissions fee?
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"The current value of a company is $25 million. If the value of the company six year ago was $10 million, what is the company's mean annual growth rate over the past six years?" Please explain how the answer was reached ...
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