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The professor(s) teaching the course completed the primary evaluations. Indicate skills that will be reinforced by the course by clicking on as many as apply and describe briefly how those skills will be reinforced. Even if some recent research casts doubts on the robustness of this relationship, there is a general sense that trade has a positive effect on growth, especially for countries with small domestic markets. 16 Thus exports can be thought of as a substitute for domestic demand in determining the size of the market for the firms of a country. 17 By including both domestic and foreign markets in our measure of market size, we give credit to export-driven economies and geographic areas (such as the European Union) that are divided into many countries but have a single common market.

Pages: 272

Publisher: HarperBusiness; Rev Upd edition (October 10, 2006)

ISBN: 0060559535

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