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Case 1-2
Now that Joe has created the tables and determined the primary and foreign keys,he needs to determine the data types for the fields in each table.
-What data type should Joe use for the Social Security Number field? Why?
Trade
The exchange of goods, services, or both between two or more parties.
Producer Surplus
The difference between what producers are willing to sell a good for and the market price they actually receive, representing their net benefit.
Free Trade
International trade left to operate without tariffs, quotas, or other restrictions, allowing for the unrestricted exchange of goods and services between countries.
Autarky
A condition in which an economy is self-sufficient and does not engage in international trade.
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