This preview shows pages 1–2. Sign up to view the full content.
This preview has intentionally blurred sections. Sign up to view the full version.View Full Document
Unformatted text preview: What does it mean to be self sufficient? Specialization leads to expertise, what is another name for expertise that means experience? What happens when a market produces more? What is Absolute Advantage? Comparative Advantage means? Tangible goods vs. intangible goods Briefly describe the capital market, be sure to include explicit and implicit. What is a perfectly comparative market?...
View Full Document
- Spring '11