Unrestricted Use
CC BY
- Material Type:
- Full Course
- Provider:
- Rice University
- Provider Set:
- OpenStax College
- Date Added:
- 06/29/2017
By the end of this section, you will be able to:
Identify at least two advantages of intra-industry trading
Explain the relationship between economies of scale and intra-industry trade
By the end of this section, you will be able to:
Discuss the importance of studying economics
Explain the relationship between production and division of labor
Evaluate the significance of scarcity