Flashcards

Untitled_3

mlazor56 Inglês 5 flashcards

Flashcards do conjunto (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