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Author Question: What does it mean for a nation to have an absolute advantage in producing a product? What will be ... (Read 45 times)

bobbie

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on: Jun 30, 2018
What does it mean for a nation to have an absolute advantage in producing a product?
 
  What will be an ideal response?

Question 2

Consider two countriesA and B. Economy A is a command economy, while economy B is a market economy. Given this information, which of the following statements is likely to be true?
 
  A) Both economies are likely to grow at the same rate.
  B) Both economies are likely to stagnate without any increase in GDP.
  C) Institutions in economy A are likely to be more inclusive than institutions in economy B.
  D) Institutions in economy B are likely to be more inclusive than institutions in economy A.
Macroeconomics: Principles, Applications and Tools ¦ O'Sullivan, Sheffrin, Perez ¦ 7th Edition
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AmberC1996

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Reply #1 on: Jun 30, 2018
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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bobbie

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Reply 2 on: Jun 30, 2018
:D TYSM

covalentbond

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Reply 3 on: Yesterday
Excellent

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