A third party is a person, or persons, who
a. consumes goods produced from at least two intermediate inputs
b. avoids the transactions of the two principal parties
c. takes risks to avoid externalities
d. internalizes the costs of market failure
e. is imposed upon by the activity of others
E
Economics
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One of the leading alternative theories to the HO model of international trade is the Human Skills theory, which was developed by
A) Donald Keesing. B) Adam Smith. C) David Ricardo. D) G. D. A. MacDougall.
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Describe the effects, in both the short run and the long run, of an increase in the money supply. Explain what happens to real output and the price level
What will be an ideal response?
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