The Assumption of Pareto Analysis Is That the Majority of Problems

question 70

True/False

The assumption of Pareto analysis is that the majority of problems are the result of a small number of causes.

Understand the effect of technological capabilities on national export and import patterns.

Discuss the impact of global shifts in resources and technology on trade patterns.

Explain the terms of trade and how they reflect comparative advantages between nations.

Analyze how trade affects national standards of living and employment.