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Trade

Trade exists for many reasons. Due to specialization and division of labor, most people concentrate on a small aspect of production, trading for other products. Trade exists between regions because different regions have a comparative advantage in the production of some tradable commodity, or because different regions' size allows for the benefits of mass production. As such, trade at market prices between locations benefits both locations.
EAN: 9786130003241
Sprache: Englisch
Seitenzahl: 396
Produktart: kartoniert, broschiert
Herausgeber: Miller, Frederic P. Vandome, Agnes F. McBrewster, John
Verlag: Alphascript Publishing
Schlagworte: Barter Service