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IB - Chapter 5

Horizontales
Yvonne Ingram's monogram
A country's loss of educated, productive people is known as ___ ___.
Tune
Song
According to PLC theory, many ___ are willing to pay high costs for the newest products.
Big city in California
Both absolute and comparative advantage assume that ___ resources are fully employed.
The idea that entrepreneurs, rather than ___, should take business risk undermines arguments for strategic trade.
Small element of music
Permitted by the law
U2 singer
The trade theory that a country should export more than it imports is called ___.
Here, in French
Not many
Someone who does not tell the truth
The movement of capital, technology and people is important in ___ mobility theory.
The ___ advantage theory holds that a country will gain from trade even though it can produce all goods more efficiently than other countries.
He should phone home?
Give someone a loan
World Trade Organization (abbreviation)
Not down
The free trade theories of specialization primarily assume that resources are immobile ___.
Acquire by force, or engage in (like a course)
Christine Lovelace's monogram
Consumed
Belonging to them
A spring month or a wiggle word
River in Egypt
Contrary to PLC theory, there has been an ___ tendency for company's to introduce new products simultaneously in domestic and foreign markets.
Not new
Lenny Hollbrook's monogram
Most world trade takes place among ___ countries.
Someone who produces music from the throat
Labor and capital mobility are intertwined because ___ bring an investment in human capital with them.
Take a seat
Introverted
Verticales
Help me ___-Wan Kenobi! You're our only hope.
Head wear
The ___ of national advantage would be best used to answer the question of why competitive advantage differs among countries.
It's not ___, it's me.
Hotel
Lion's cave
A governmental ___ trade policy targets the resources needed to support industries that seem to fit best with a country's advantages.
Part of an engine, or TV show Top ___
Music notation - treble or bass, for example
Tool for rowing a boat
Addition total
Take a break
Engine
Often used texting abbreviation
Plead
___ goods are best defined as products and services for which exporting costs are excessive.
The free trade theories of specialization assume that resources can move ___ from the production of one good to another.
According to the theory of ___ advantage, countries should specialize in what they are best at and then trad with others who specialize in other products.
Not old
Pest for a dog or cat
According to the product ___ ___ (PLC) theory, production and sales are primarily domestic at first because businesses need quick market feedback.
Place to hang your coat
To prepare by going towards a target
Short sleep
Kitty
According to PLC theory, developing countries have their best production advantage in the ___ stage of the life cycle.
Fix
A horse can do this
Gives up life
No others - the one and ___
Ian Anderson's monogram
Require
Kimberly Robinson's monogram
Nile, Mississippi, Danube, Thames,....
Every last one
The most internationally mobile factor of production is __- term capital.
Donald Nathan Immington's monogram
What came first? The chicken or the ___?
Period of time
Adam ___ created the theory of absolute advantage.
Contraction for "I am"
Exists