Critical Thinking Many developed countries, including the U.S., have in recent decades become primarily ser- vice economies; that is, there is relatively little manu- facturing of goods, and most people in the economy are employed by service industries. Why do you think this has occurred? In what ways is this trend a good and/or a bad thing for a country? Do you think this trend will continue?
Critical Thinking Many developed countries, including the U.S., have in recent decades become primarily ser- vice economies; that is, there is relatively little manu- facturing of goods, and most people in the economy are employed by service industries. Why do you think this has occurred? In what ways is this trend a good and/or a bad thing for a country? Do you think this trend will continue?
Principles of Economics 2e
2nd Edition
ISBN:9781947172364
Author:Steven A. Greenlaw; David Shapiro
Publisher:Steven A. Greenlaw; David Shapiro
Chapter33: International Trade
Section: Chapter Questions
Problem 7SCQ: If the removal of trade banters is so beneficial to international economic growth, why would a...
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