American economic history is important because it will help you understand
(a) how to change strategically the course of the future since it was shaped by the past.
(b) why some armies failed and others succeeded.
(c) how to change the past.
(d) how to produce the exact same type of successful growth and development in other countries.
(a)
Economics
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Larger countries will trade more with one another; this is empirically supported by:
a. the intra-industry trade. b. the increasing returns to scale. c. the gravity equation. d. the comparative advantage.
Economics
The greater the elasticity of supply of a resource the greater is its economic rent
a. True b. False Indicate whether the statement is true or false
Economics