Examlex

Solved

Analysts Vary as to Their Opinion of Which Factor Is

question 73

Essay

Analysts vary as to their opinion of which factor is the more serious threat to the earth's life support systems: ____________________ or ____________________.​


Definitions:

International Specialization

A method where countries or regions focus on producing goods and services they are most efficient at, to enhance global trade efficiency.

Economies Of Scale

The reduction in cost per unit of goods or services produced as the scale of output increases.

World Price

The international market price of a commodity, determined by global supply and demand conditions.

Per-Unit Tariff

A specific tax levied on each unit of a good imported into a country, as opposed to a percentage of the value.

Related Questions