Absolute advantage states that countries should produce those goods that they can manufacture most efficiently
Indicate whether this statement is true or false
false
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The system of government where powers are shared between the National and State Government with different powers and functions exercised by both
Among which group has the sorting process been most noticeable?
A. working-class northern Whites B. wealthy and well-educated African Americans C. conservative southern Whites D. liberal southern Whites
_____________ is counteracting the hegemonic power
Fill in the blank with correct word
According to Douglas North the most fundamental institution necessary for economic growth is:
a. property rights to create a strong property market b. reliable and trustworthy financial institutions c. strong consumer sector with disposable incomes d. a labor market constantly near full employment