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☆☆☆☆☆Environmental-protection laws can be bad for the economy because they may increase unemployment.
Investment money flows freely around the world.
The reduction in the car's value while they're driving it
Flexible expenses vary over time.
To make decisions that maximize benefits.
Rational and Subjective.
Objective and systematic
pleasure (benefit) and pain (cost)
calculating and coherent
Rational and structured =making a list of costs and benefits
Rationing
The income level and standard of living
The income gap between rich and poor countries has widened.
It could pursue a policy of national self-sufficiency.
When a country has an absolute advantage in production of that good it may specialize in producing that good.
Many information technology jobs are shifting from developed countries to the new globalizers.
Job loss and wage decreases in developed countries.
The World Bank loans developing countries money in order to improve conditions in the country. It can be used for various purposes, including education, job development, and infrastructure.
Free-trade policies
Many developing countries do not benefit from free trade policies, because their industries are to weak to compete in the international market.
the level of wealth
