MGTA01H3 Chapter Notes - Chapter 5: Per Capita Income

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MGTA01H3 Full Course Notes
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Imports products that are made or grown abroad and sold in canada. Exports products that are made or grown in canada. Contemporary world economy revolves around three major markets: north america, europe and asia. Per capita income the average income per person. High-income countries per capita income greater than u. s. ,065. Upper-middle countries per capita income between u. s. ,065 and u. s. . Examples are greece, mexico, south africa and many more. Low-income countries developing countries; per capita income less than u. s. .

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