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Lecture Accounting information systems basic concepts and current issues (4th edition): Chapter 3 - Robert L. Hurt
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After completing this chapter, students will be able to: Introduce the general equilibrium model of international trade, first in its “small country” version and then in its “two-country” version; use the small country model to make it very clear that imports and exports are closely related; reducing imports inevitably causes a reduction in exports;...
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