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Factor Price Equalization
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Economic Theories research papers
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A 7 page paper. Protesters of globalization
complain that it contributes to the destruction of local cultures and imposes not only
American, but corporate values on the local populace. It seems that few consider the
benefits of free trade and the manner in which it favors democracy over more controlling
forms of government. While the philosophers thrash out the relative social value of free
trade, economists can provide information that can establish cost-benefit data for analysis.
The patterns are clear among open political systems in which individuals are free to
become manufacturers and those manufacturers can choose to export the goods they
make. Bibliography lists 10 sources.
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Pages:
7
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Filename:CC6_KSfactorPrice.wps |
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Paper Title:
Factor Price Equalization
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