Comparative Advantage, Specialization, & Trade (MBA Buster)
Comparative Advantage, Specialization, & Trade (MBA Buster)

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Excerpted from the groundbreaking book Threes: The Amazing Thread that Runs through the Fabric of Ancient, Classical and Modern Society, this mini-e-book presents and updates one of the more popular chapters, “Threes in Economics and Finance.” A Third Wave has rolled across the world and set the stage for great shifts in major national economies, reversing what has been called the "great divergence." The global Big Three will continue to rotate for several more decades. No longer are advanced free-market economies the top domestic producers. Watch out now for China, India and Russia, too. Forces such as the triple convergence and the development of state-owned enterprises, offshoring, and Great Recession keep the discussion lively and contemporary. We look at the Big Mac Index as a proxy for currency exchange rates. We see the reference to the Perfect Storm and its three powerful components often, and we look at the dynamics behind current events affecting economics and finance.

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  • Released: November 16, 2020
  • Author: Rick Drake
  • Rating: 4.9
  • Publisher: Ebook DIgital Agency
  • Total Page: 740 pages
  • File Size: 3670 KB
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