The institutionalization of trade has been around since the "value theory" of David Ricardo in 1817, which argues that some countries had more feasible conditions to produce a better output of certain products in comparison to others. As a result, they had to engage in trade with other countries that had products they lacked.
"Labor" and "resources" are the key factors that fuel trade. As some countries have a cheaper labor force, it makes their products have competitive prices in the market. On the other hand, certain countries have scarce resources that many other countries do not have such as gold and other minerals. Therefore they have to engage in trade with the countries that extract them from their soil.
Answer:
D
Explanation:
Governor E. W. Marland struggled with state legislators to implement New Deal programs in Oklahoma i think that is the answer
Answer:
The Answer is gonna be 1+1=2
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This is the right Answer
Cartels, monopolies, trusts, and horizontal and vertical integration all share the goal of increasing profits. The step by the federal government to limit the power of corporations is the Sherman Antitrust Act. The argument that supports the perception of the big business leaders as "captains of industry" is that the support for technology benefits the economy.
