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The first key step to answering this type of IB Economics question is to define the key terms. Aggregate supply is defined as total amount of goods and services that producers of an economy are willing to...

The prevalence of transnational corporations (TNCs) in Latin American play a major role in producing and maintaining unequal levels of wealth and development. This is caused by the lack of reinvestment in...

To answer this question, it is first very important to define productive efficiency and allocative efficiency. A firm is said to be productively efficient if it produces each good at the lowest possible u...

IB history examiners are looking for correct historical knowledge in an essay but, above all, they want you to show you can present and justify a good argument. There is often no 'right answer' in history...

What are ethics? Ethics are the socially accepted moral principles that guide decision making, based on the collective belief of what is right and what is wrong (Paul Hoang). In business, ethics ...