Ecn 361 topic 1 dq Study guides, Class notes & Summaries
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ECN 361 Topic 1 DQ 1
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Topic 1 DQ 1: 
If the United States could produce five televisions per hour of labor and China could produce three televisions per hour of labor, would it necessarily follow that the United States should specialize in television production? Why or why not?
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ECN 361 Topic 1 DQ 2.
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Topic 1 DQ 2: 
Explain the difference between absolute advantage and comparative advantage. Which is more important in determining trade patterns, absolute advantage or comparative advantage? Why?
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ECN 361 Topic 1 DQ s, Quiz (Package Deal)
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ECN 361 Topic 1 DQ s, Quiz (Package Deal)
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ECN 361 Topic 1 DQ 1
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ECN 361 Topic 1 DQ 2
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ECN 361 Topic 1 DQ 1
- Other • 2 pages • 2023
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ECN 361 Topic 1 DQ 2
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ECN 361 Topic 1 DQ 1 Production Labor Cost Grand Canyon
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Topic 1 DQ 1: 
If the United States could produce five televisions per hour of labor and China could produce three televisions per hour of labor, would it necessarily follow that the United States should specialize in television production? Why or why not?
-
ECN 361 Topic 1 DQ 2 Advantage and comparative advantage. Grand Canyon
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Topic 1 DQ 2: 
Explain the difference between absolute advantage and comparative advantage. Which is more important in determining trade patterns, absolute advantage or comparative advantage? Why?
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ECN 361 Topic 8 DQ 1 Participation & Responses
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ECN 361 Topic 8 DQ 1 Participation & Responses
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