ENGR.ECONOMIC ANALYSIS
ENGR.ECONOMIC ANALYSIS
14th Edition
ISBN: 9780190931919
Author: NEWNAN
Publisher: Oxford University Press
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Comparative Advantage and Absolute Advantage Analysis
The theory of absolute advantage was given by Adam Smith in the year 1776.
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From the book  "Power and Plenty: Trade, War, and the World Economy in the Second Millennium" by Ronald Findlay and Kevin H. O'Rourke (2007) and "A History of the Global Economy: From 1500 to the Present" by Joerg Baten (2016).

Discuss how does education system shaped the economic foundations of nations and lead to the varying ability of countries to invest in proximate factors such as physical capital and human capital.

(please include a bibliography)

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