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Results for "industry"

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  • International trade

    Theory of economic integration and the customs union ABSOLUTE ADVANTAGE: a country or firm has an absolute advantage if it can produce a product (good or service) more 'efficiently' (cheaply) than others. COMPARATIVE ADVANTAGE: a country should specialize in producing and exporting only...

    Tags: EU, theory, trade, industry, IMF, WTO, trade policy

    1512 days ago

  • International trade theory

    Brief theory of EU and international trade.

    Tags: EU, theory, trade, industry, IMF, WTO, trade policy

    1512 days ago