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By passing environmental-protection regulations
There must be an international division of labor for a country to specialize its production.
Brand new items to replace the items lost (APE*)
The monthly payment on a fixed-rate mortgage never changes.
The ability to choose a satisfying job
Flexible expenses vary over time.
Disruptions in one place have effects else where.
Medical bills for yourself and anyone else in your car in case of an accident
Free-trade policies
Personal opinion
Some northern states made slavery against the law.
Think that you're country A, wanting to buy pen and paper.
Country B produces 1 million pen and 1 BILLION paper
Country C produces 1 BILLION pen and 1 million paper
Or, country B has the absolute advantage over production of paper while
country C has the absolute advantage over production of pen.
Coming back our theory of economy of scale, we know that to a certain point, increased production would lead to lower average cost and thus, lower price.
This would mean that paper from country B is cheaper than country C whereas pen from country C is cheaper than country B.
Therefore, you would choose to trade paper with country B while trading pen with country C.
And this is why it is important to making economic choices.
we dont knw so dont ask
Getting another job or working overtime
The mortgage
When you have paid off the loan the car becomes yours.
When leasing a car it never becomes yours.
