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Documents Unit 5: International Trade 1. International Trade Why do people trade? 2.

Slide 1Unit 5: International Trade 1 Slide 2 International Trade Why do people trade? 2 Slide 3 Magic of Markets Brown Bag Activity 3 Slide 4 Why do people trade? 1.Assume…

Documents Unit 5: International Trade 1. International Trade 2.

Slide 1Unit 5: International Trade 1 Slide 2 International Trade 2 Slide 3 Why do people trade? 1.Assume people didnt trade. What things would you have to go without? Everything…

Documents Unit 1: Basic Economic Concepts 1. REVIEW 1.Explain relationship between scarcity and choices...

Slide 1Unit 1: Basic Economic Concepts 1 Slide 2 REVIEW 1.Explain relationship between scarcity and choices 2.Differentiate between positive & normative 3.Differentiate…

Documents BEC REVIEW 1.Explain relationship between scarcity and choices 2.Differentiate between positive &...

Slide 1BEC REVIEW 1.Explain relationship between scarcity and choices 2.Differentiate between positive & normative 3.Differentiate between price and cost 4.Explain the…

Education Pob stage 1 seminar 5 sbd v3

1. Principles of BusinessSeminar: Applying economic conceptsto your businessTopic Number:5 2. OverviewThe economic environment is an important determinant ofbusiness success.…

Documents Unit 1: Basic Economic Concepts 1. Quick Review Basic Economic Concepts 1.What is Scarcity? What is....

Slide 1 Unit 1: Basic Economic Concepts 1 Slide 2 Quick Review Basic Economic Concepts 1.What is Scarcity? What is Shortage? 2.What is Specialization? 3.What is Marginal…

Documents A.P. Microeconomics Review Units 1-6 Unit 1 Basic Economic Concepts.

Slide 1 Slide 2 A.P. Microeconomics Review Units 1-6 Slide 3 Unit 1 Basic Economic Concepts Slide 4 Positive vs. Normative Positive Statements- Based on facts. Avoids value…

Documents The Production Possibilities Curve. The Production Possibilities Curve (PPC) Using Economic...

Slide 1 The Production Possibilities Curve Slide 2 The Production Possibilities Curve (PPC) Using Economic Models… Step 1: Explain concept in words Step 2: Use numbers…

Documents ACCT 2302 Fundamentals of Accounting II Spring 2011 Lecture 17 Professor Jeff Yu.

ACCT 2302 Fundamentals of Accounting II Spring 2011 Lecture 17 Professor Jeff Yu Chapter 13: Relevant Costs Relevant costs are those costs that differ between two (or more)…

Documents Unit 5 International Trade and Finance 1. Where does your stuff come from? (Check the tags on your.....

AP Economics Unit 5 International Trade and Finance 1 Where does your stuff come from? (Check the tags on your clothes, shoes, watch, calculator, etc.) Why have your clothes…