Unformatted text preview: Ex. They may pay their workers less, or their currency exchange results in a lower price for the importer Production Inputs – component parts come from many different countries as they can specialize in the manufacturing of one piece Ex. Car parts come from all over the world to be assembled at the Honda plant in Alliston, ON VOLUNTARY TRADE CREATES WEALTH!...
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This note was uploaded on 04/29/2011 for the course ECON 100 taught by Professor Mr.smith during the Spring '11 term at DeVry Sandy.
- Spring '11