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6. State the economic ideas of Smith. Do you agree with him? Why? Explain the Malthusian theory. 7. Define the law of comparative advantage. Is
6. State the economic ideas of Smith. Do you agree with him? Why? Explain the Malthusian theory. 7. Define the law of comparative advantage. Is this feasible in the real international trade? Why? 8. State the ideas of Marx. Do you agree with him? Why? 9. Explain the ideas of Sismondi and List. Are these good for our own economic development? Why? 10. Explain the ideas of George on rent. Give specific examples of problems on rent in the Philippines. 11. How do you create employment? Discuss one growth model
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