Discuss what do economists mean by the term institutions, International Economics

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Discuss what do economists mean by the term institutions

Problem

What do economists mean by the term "institutions"? Name five different laws that are institutions that affect production incentives. Name three social practices that affect production in a society.

The response should include a reference list. Double-space, using Times New Roman 12 pnt font, one-inch margins, and APA style of writing and citations.

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International Economics: Discuss what do economists mean by the term institutions

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International Economics: Discuss what do economists mean by the term institutions

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