Name Three Sources of Information That Entrepreneurs Can Use to Develop

question 13

Essay

Name three sources of information that entrepreneurs can use to develop their venture opportunity profile.

Understand how changes in exchange rates affect the prices of goods in different countries.

Grasp the concepts of absolute and comparative advantage in international trade.

Recognize the effects of trade policies and subsidies on prices and trade volumes.

Understand the role of specialization and trade in allowing consumption outside the production possibility curve.

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Definitions:

Affirmative Action

Policies or measures that are intended to promote access to education or employment for historically marginalized groups by taking into consideration ethnicity, color, or other factors of disadvantage.

Three Mile Island

The site of a significant nuclear power plant accident in Pennsylvania, USA, in 1979, which resulted in a partial meltdown but without immediate casualties; it raised concerns about nuclear energy safety.

Church Committee

A U.S. Senate committee in the 1970s that investigated abuses by the CIA, FBI, NSA, and other intelligence agencies, especially regarding domestic spying.