3 Imperfect markets. a Explain how the existence of imperfect markets has led to the establishment of

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3 Imperfect markets.

a Explain how the existence of imperfect markets has led to the establishment of subsidiaries in foreign markets.

b If perfect markets existed, would wages, prices, and interest rates among countries be more similar or less similar than under conditions of imperfect markets? Why?

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Exploring Economics

ISBN: 9780324395464

4th Edition

Authors: Robert L. Sexton

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Question Posted: Oct 28, 2024 05:00 AM

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3 Imperfect markets. a Explain how the existence of imperfect markets has led to the establishment of

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Exploring Economics

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