Principles of Microeconomics (MindTap Course List)
Principles of Microeconomics (MindTap Course List)
8th Edition
ISBN: 9781305971493
Author: N. Gregory Mankiw
Publisher: Cengage Learning
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Chapter 1.2, Problem 2QQ
To determine

The trade and specialization.

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1.     Why do you think many big corporations like Apple, Coca-Cola, Microsoft, choose to manufacture their products in countries located in the Global South than in the Global North? 2.     Based in your knowledge, why rich countries become richer and poor countries become poorer? Support your idea.
can you explain how they got M=y^2/2 and L=2y^2 from part b of this question
5. Is globalization leading to cultural convergence (i.e., grow similar over time)? If so how?
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