Suppose that freedonia and lamponia agree to trade. each country focuses its resources on producing only the good in which it has a comparative advantage. the countries decide to exchange 12 million pounds of lemons for 12 million pounds of tea. this ratio of goods is known as the terms of trade between fredonia and lamponia.

Suppose someone wants to sell a piece of land for cash. the selling of a piece of land represents turning

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The cost of labor is significantly lower in many countries than in the united states. if you move manufacturing to a facility to a country labeled as part of the axis of evil and a threat to world peace you will increase the net income of your client by $10 million per the facility is located in a country which limits personal freedom and engages in state sponsored terrorism. imagine you are a marketing consultant. (a) what would you tell the executives to do? (b) what are the alternatives? what are your recommendations? why do you recommend this course of action?