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When Discussing Comparative Advantage, It Is Apparent That Today at Least

question 46

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When discussing comparative advantage, it is apparent that today at least two of the factors of production, capital and technology, now flow directly and easily between countries, rather than only indirectly through traded goods and services.


Definitions:

Neuroticism

A personality trait characterized by emotional instability, anxiety, moodiness, irritability, and vulnerability to stress.

Decrease

A reduction in size, quantity, or intensity of something.

College

An institution of higher education offering undergraduate programs, typically leading to associate or bachelor's degrees.

Mean-level Changes

Adjustments or shifts in the average value of a variable or trait over time or across groups.

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