Relating to prices, a local multiplier and vacancies, there are tradeoffs if municipalities change the competitive market structure by banning chain stores.
More than its low labor costs, Mexico is attracting car manufacturers away from the U.S. because it has free trade agreements with more than 40 countries.
Because the college textbook market is a monopoly for each book in which the instructor selects the books and students buy it, prices have skyrocketed.
Like a dysfunctional family with members who dislike each other, the EU stays together because of the benefits of David Ricardo’s comparative advantage.
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