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Table 35.1
Full-Employment Output of Goods Based on the information in Table 35.1,assume China and the United States have the same amount of resources with which to produce soybeans and computers and they produce no other goods.For trade to be mutually beneficial for both countries,the terms of trade will be such that 1 computer will exchange for
Organic Structure
A flexible and decentralized organizational structure, characterized by low levels of formalization and high levels of employee autonomy, aimed at fostering innovation and adaptability.
Single Corporation
A business or company that operates independently without subsidiaries or affiliations with other entities.
Unrelated Businesses
Companies or divisions that operate in distinctly different industries or markets without significant overlap in products, services, or customer bases.
Virtual Organization
A company that primarily operates through electronic communication and does not have a physical central location, relying on the Internet and other technological means to function.
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