Affect the supply of beef

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56. Q1. "Based on Internet research, select one industrialized country and determine that country's top 5 exported and imported products for the most recent year available.
Based on your findings, write a report on whether these trade flows reflect the theory of comparative advantage and provide your rationale.

Q2. The drought in Oklahoma has caused cattlemen to sell off their cattle herds. Explain how does this affect the supply of beef? Explain how does it affect the supply of beef worldwide? Explain how does it affect the demand for chicken?

Q3. For each stock in the stock market, the # of shares sold daily equals the # of shares purchased. That is, the qty of each firm's shares demanded equals the quantity abounding. Thus if this equality constantly takes place why do the prices of stock shares ever change?

Reference no: EM138294

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