Physical goods have an objective value that is unrelated to time and the person of ownership. 65. A nation with cheap, efficient communications is likely to be * a. richer, ceteris paribus , because transaction costs will be lower and trade greater. b. richer only if production of goods is cheaper, too, since trade itself cannot create value. c.
nailed up - Computer Definition. 1  In communications, it refers to a permanent connection rather than one that is dynamically created and released. 2  In communications, it refers to a permanent connection rather than one that is dynamically created and released.
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