Principles of Economics 2e
Principles of Economics 2e
2nd Edition
ISBN: 9781947172364
Author: Steven A. Greenlaw; David Shapiro
Publisher: OpenStax
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Chapter 32, Problem 29CTQ

Explain why converging economies may present a strong argument for limiting flows of capital but not for limiting trade.

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Watch the following video clip about fair trade co-operatives in South America: www.youtube.com/watch?v=yu5DhOHLJ-s Based on this clip, consider the following issues: What western business norms are modified by the social and solidarity economy? What charitable norms are modified by the social and solidarity economy? How would you explain 'endogenous development' to another person?
Explain why converging economies may resent a strong argument for limiting flows of capital but not for limiting trade
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