Examlex
Routine activities can be considered a continuation of the Chicago School because of its emphasis on:
Comparative Advantage
The competence of a person, business, or nation to manufacture a product or provide a service with a lesser opportunity cost compared to rivals.
Middlemen
Intermediaries in the distribution process that facilitate trade between producers and consumers by buying and selling products, often adding value in the process.
Arranging Trades
The process of facilitating exchange of goods, services, or financial instruments between parties.
Transactions
The act of conducting business or commercial dealings, involving the exchange of goods, services, or funds.
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