America and the World Political Economy: Atlantic Dreams and National Realities |
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Page 131
... produce more of product A and less of product B. To use a simple diagram , the production possibility curve indicates both the maximum amount of either good an economy can produce with its given technological knowledge and with all its ...
... produce more of product A and less of product B. To use a simple diagram , the production possibility curve indicates both the maximum amount of either good an economy can produce with its given technological knowledge and with all its ...
Page 132
... production of good A neces- sarily means to produce less of good B. Yet as long as the actual point of production is located somewhere on the production possibility curve , society as a whole is using its available factors of production ...
... production of good A neces- sarily means to produce less of good B. Yet as long as the actual point of production is located somewhere on the production possibility curve , society as a whole is using its available factors of production ...
Page 133
... production possibility curve and the high- est possible consumption indifference curve marks the point at which the economy should actually produce . Consumer demand is satisfied and all available factors of production are employed in ...
... production possibility curve and the high- est possible consumption indifference curve marks the point at which the economy should actually produce . Consumer demand is satisfied and all available factors of production are employed in ...
Contents
General Considerations | 3 |
Main Issues within the Atlantic | 85 |
Basic Balance of Payments 1970 | 98 |
Copyright | |
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abroad agricultural Ameri American policy Atlantic Community Atlanticism Atlanticist billion bloc Britain British Canada capital commercial Common Market competition corporations costs currency devaluation developed countries direct investment domestic dominant economic and political economic efficiency economic policy economic system economists EFTA Empire Eurodollar Europe's European Community exchange exports federalism foreign investments France free trade GATT Gaulle Germany growing growth hegemony Hence ideal imperial imports increasingly indifference curve industrial integration interdependence interests international economic Japan Japanese Kennedy Round Latin America less liquidity major manufactures ment mercantilist military millions of U.S. modern monetary system multinational nation-state nomic official overseas percent plural postwar Prebisch preferences production protectionism rates regional reserve reserve currency Ricardo role seemed social society special drawing rights Table tariffs Third World Third-World countries tion Trade Policy trade surplus U.S. dollars UNCTAD union United Western Europe Williams Report