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25 may Economics A-Z terms starting with C. Capital asset pricing model

Economics A-Z terms starting with C. Capital asset pricing model

Competitive benefit

Something which gives a strong (or someone or even a national nation) an advantage over its competitors.


'Real economists do not mention competition,' stated Paul Krugman, a much-respected modern economist. Genuine entrepreneurs and genuine politicians talk about this on a regular basis, however. Many ORGANIZATIONS have actually undergone downsizing that is savage stay competitive, and governments have actually put up many committees to look at simple tips to hone their nations' economic performance.

Mr Krugman's objection had not been into the utilization of the term competitiveness by organizations, which frequently do have rivals it to countries that they must beat, but to applying.

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