Suppose that in an hour an American worker can produce 100 shirts or 20 computers, while a Chinese worker can produce 100 shirts or 10 computers.
September 3, 2020
The Housing Bank (HB) offers home loans to Lebanese professionals. Borrowers receive the loan immediately upon buying a home, and pay back in equal…
September 3, 2020

 Typically, services like Kibernum’s are developed and executed locally, with the client’s needs in mind. Let’s say for instance (since technology and services have no borders), another Kibernum operation in neighboring Bolivia (La Paz) is able to undercut the Chilean operation by 5% (revenue) and provide less than one-fourth of the IT services but from Bolivia. How might the Chilean client behaviors change if they are able to access the Bolivian operation instead? How would Kibernum stay within the boundaries of Chilean law and still allow Chilean clients to access the Bolivian operation? What if Chile extends the law to any Kibernum operation in South America? As part of your response, please use an indifference curve relationship to help you develop a response on

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