more laborer c. revenue earned by selling one more unit of a good d. revenue earned by hiring one more laborer e. output received by spending one more dollar on labor 4. Economics is the study of how ___ work together to transform _____ into _______ in order to satisfy their _____. a. governments‚ natural resources‚ goods and services‚ families b. governments‚ resources‚ goods‚ wants c. people‚ natural
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Effects of climate change on international trade Introduction Climate change is an important environmental issue‚ a scientific fact and a long-term global problem that involves interactions‚ It has complex political‚ social‚ environmental and economic implications. The main cause of the phenomenon is attributed Continued climate change to human activity and abuse of available natural resources‚ which led to imbalance Environmental balance‚ not to mention other natural causes. Climate change is
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As the Europeans began to explore the atlantic‚ they had hoped to discover new trade routes and connections. However‚ they fell into a much more impactful role that would lead to the development of the new world trade system. From the mid 1400’s through the 1700’s‚ Europeans‚ especially the Portuguese‚ were the leading force behind the Atlantic slave trade‚ which greatly affected West Africa‚ the Americas‚ and all of Europe. Focusing on West Africa and the Europeans‚ the Kingdom of the Kongo and
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another. C) not possible to produce more of one good without producing less of another good. D) producing a combination of goods. Use the following to answer question 3: 3. (Table: Coffee and Salmon Production Possibilities) Look at the table Coffee and Salmon Production Possibilities. The table shows the maximum amounts of coffee and salmon that Brazil and Alaska can produce if they just produce one good. The opportunity cost of producing 1 unit of coffee for Brazil is: A) 2 salmon.
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How do international sanctions‚ tariffs‚ quotas‚ and trade restrictions affect international trade and costs of production?International sanctions are set in place typically to protect countries involved in trade. There are many types of sanctions that have been in place for quite a while but the most common sanctions are used to stop terrorism‚ which is extremely important to even more so since September 11‚ 2001. Sanctions regarding trade restrictions on weapons‚ ammunition‚ and other materials
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What made Spain so salient and monumental for its time period? Trade definitely played a significant role in making their empire so enlightened and immense‚ yet in the end made the empire become very poor. Trade in the New World aided Spain in becoming of the most diverse places. Moreover‚ trade made the empire become one of the most successful empires when they started to trade‚ but exhibited more negative impacts on them. Primarily‚ mercantilism assisted in causing much inflation which caused
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to submit an article on new technology (e.g. mobile phone‚ the Internet‚ Facebook) and how it affects young people’s relationships with family and friends. We will publish one article from each country. You should also make some suggestions on how young people can eliminate the negative impact of technology on their relationships. Write your article. Write approximately 220 – 260 words. How does Facebook affects relationships? In today’s advanced technological society‚ it is disputable that the importance
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How does international trade affect the unemployment rate in a country Prepared by : theng SUMMARY INTRODUCTION ................................................................................................................ 3 THE RELATIONSHIP BETWEEN TRADE AND TOTAL EMPLOYMENT IN FRANCE ..................... 3 1. Analysis of French jobs created by export ............................................. 4 1-1) Exports: the engine of French growth ................................
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(Simon‚ J.E.‚ 1984)Even though poppy is still considered to be one of the most important medicinal plants it does has its dangerous effects on the body when misused and abused just like any other addictive drug. Short term effects of opium use are mostly related to the euphoric feelings that come from smoking the drug‚ which includes felling sleepy‚ drowsy‚ or
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process of outsourcing can be carried out through a third-party service‚ which in most cases is also located in an offshore country or managed through setting up a wholly owned subsidiary in an offshore location (Oshri 27-28). Therefore‚ outsourcing does not only move operations and process out of the country‚ but the United States has accepted the outsourcing of customer service‚ administration and information
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