International Trade
1 Some Tools of Economic Analysis CHAPTER 2 © 2003 South-Western/Thomson Learning.
Some Tools Of Economic Analysis
Economics: Principles, Applications, and Tools, 5th ed.
Chapter 1 SCARCITY, CHOICE, AND OPPORTUNITY. 1. Definition Economics studies how we use our scarce resources to specialize in production and to exchange.
Specialization and Exchange Overheads. Specialization Specialization - A method of production in which each agent (firm) concentrates on a limited number.
The Export-Import Sector Chapter 08 McGraw-Hill/Irwin Copyright © 2011 by The McGraw-Hill Companies, Inc. All rights reserved.
Chapter 1
