Explain what is meant by a zero-sum game and why it was
Explain what is meant by a zero-sum game, and why it was central to Mercantilist thinking. Then, explain how Smith's idea of absolute advantage altered the nature of the "game."
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suppose that from an initial consumer equilibrium position the price of one good falls while the price of the other
explain what is meant by a zero-sum game and why it was central to mercantilist thinking then explain how smiths idea
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