The figure given below represents the PPC in two nations - Germany and Korea, producing only two goods, cars and food.Figure 2.4
-Specialization according to comparative advantage followed by free trade makes every economy better off.
Definitions:
Dividend
A portion of a company's earnings distributed to its shareholders, typically in the form of cash or additional shares.
Cash Settlement
The provision of some futures contracts that requires not delivery of the underlying assets but settlement according to the cash value of the asset.
Stock Index Futures
Financial contracts that obligate the buyer to purchase or the seller to sell a stock index at a predetermined price on a specified future date.
Delivery
The process of transporting goods from a seller to the purchaser's designated location, or the act of fulfilling an obligation or promise.
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