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How transportation can advance the social wellbeing

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Reference no: EM133144710

1. Briefly explain how transportation can advance the social wellbeing of a country?

2. The size of a country's population and the associated age distribution can be causal factors for economic growth. Why is the size of the population important to economic development?

3. The theories of absolute and comparative advantage have been offered as an economic rationale for trade between and among regions and countries. Compare and contrast the two concepts?

Reference no: EM133144710

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