The problem with the prisoner's dilemma, from the point of view of the police, is that no one is ever convicted

Indicate whether the statement is true or false

F

Economics

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The principles of comparative advantage and specialization only apply to trade between different nations

Indicate whether the statement is true or false

Economics

Trends in economic growth of South Korea have been significantly different from the trends in economic growth of North Korea. This is primarily because

A) North Korea has inclusive institutions while South Korea has extractive institutions. B) quality of agricultural land is better in North Korea than in South Korea. C) quality of agricultural land is better in South Korea than in North Korea. D) South Korea has inclusive institutions while North Korea has extractive institutions.

Economics