. Financial markets promote efficiency as people who have funds with no productive use
transfer them to people without them with a productive use.
. Financial assets are intangible and they represent a claim to future benefit.
. You can
. Comparative advantage occur because different countries are good at producing different
. A country has a comparative advantage over another if they have less to
sacrifice( opportunity cost) in producing a particular good
. Today the inequality ratio of the richest to poorest country is 700:1
. The Gini Coefficient is a measure of income inequality it takes value 0 if everyone has the
same income and 1 if one person or country has everything and the r