What are the dependencies in U.S. and World Trade
What are the dependencies in U.S. and World Trade?
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1. U.S. depends on imports for many food items (bananas, coffee, tea, spices); raw silk, diamonds, natural rubber, much petroleum.
2. On the export side, agriculture relies on foreign markets for one-fourth to one-half of sales; chemical, aircraft, auto, machine tool, coal, and computer industries also sell major portions of output in international markets.
Use the circular flow model to confirm this assertion for an expansion of preschool programs for disadvantaged children?
Which of the following are examples of public goods?
Marrying the one you love involves opportunity costs, mainly since: (i) being married limits your freedom to marry someone else, and you should also consider making someone else happy while making decisions which affect both of you. (ii) two can live
Explain how, if at all, each of the following affects the location of the production possibilities curve?
Which of the given describes a situation in which each good or service is produced up to the point where the last unit gives a marginal benefit to consumers equivalent to the marginal cost of producing this? w) productive efficiency.
I have a problem in economics on Circular flow model of the private sector. Please help me in the following question. The simple circular flow model of private sector doesn’t comprise: (i) Firms. (ii) Product markets. (iii) Government agencies.
What is the difference between qualitative data and quantitative data, provide an example of each.
Contrast a vertically integrated firm, a horizontally integrated firm, and a conglomerate?
What are the determinants of supply?
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