The ability of specialization and
division of labor to increase output implies
lower transportation costs reduces output.
increasing tariffs and quotas increases output.
better technology increases
higher population densities increase
Hernando De Soto argues that an important
cause of poverty is:
in the importance of geography in
that some people have cultures that
discourage entrepreneurial effort.
the inability of people in the
extra-legal sector to deal with the larger market.
the lack of natural resources that some nations