Flashcards
Untitled_3
Cards in this deck (5)
- 1globalizationincreasing integration of economies cultures and institutions across the world
- 2the ppfis fixed so long as institutions resources and technology remains the same
- 3distribution and productive efficiencyproductive possibility curve focuses on efficiency and ignores distribution
- 4benefits from tradewithout trade each country can only consume those combinations of goods along their ppcs
- 5globalization and law of one priceincreasing integration of economics cultures and institutions across the world
Information
- Description
- Flashcards on Untitled_3, created by mlazor56 on 25/09/2013.
- Created by
- mlazor56 · Sep 2013
- Updated
- Feb 19, 2016
- Views
- 15
- Rating
More on International Trade and Competitiveness