1.What is international business? 2.What is the distinction between exporting and importing? 3. Why should you be...
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1.What is international business? 2.What is the distinction between exporting and importing? 3. Why should you be concerned about international business? 4.When two countries trade, relative prices of goods converge, causing relative prices of inputs such as labor and capital to converge. Do you agree with the statement? Why or why not? 5. Do you agree that trade contributes to growth by increasing market size and stimulating the development of new goods, ideas, and waysof doing things? Explain
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