Exam (elaborations)
Test 5 - Chapter 16 - The Knowledge Economy
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Economists tend to disagree with measures that interfere with trade on information because they support free trade, arguing that protectionism disrupts competitive advantage and harms the economy more than benefits it. Economists will support business methods that will provide incentive to entrepreneurs with successful tactics with which to monetize information even when the dangers of separation of information from product are imminent.
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Institution
Decision Making Economics
Course
Decision Making Economics
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