Pearson eText Macroeconomics -- Instant Access (Pearson+)
Pearson eText Macroeconomics -- Instant Access (Pearson+)
13th Edition
ISBN: 9780136879503
Author: Michael Parkin
Publisher: PEARSON+
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Chapter 15.2, Problem 2RQ
To determine

Identify how the gain from exports is distributed among the consumers and domestic producers.

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Discuss the different types of resources (natural, human, capital) and how they are allocated in an economy. Identify which resources are scarce and which are abundant, and explain the implications of this scarcity or abundance.
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