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In a two-country world, if country A is the relatively labor-abundant and country B is the relatively capital-abundant country by the "price" definition of factor abundance (and where w is the wage rate and r is the return to capital) , then __________. When the countries move from autarky to Heckscher-Ohlin-type trade, the result will be that __________.
Electronic Media
Media that use electronics or electromechanical energy for the end-user (audience) to access the content, such as radio, television, and the internet.
Government Oversight
The process of monitoring and supervising government actions and organizations to ensure accountability and efficiency.
Telecommunications Act
A significant law passed by Congress in 1996 to deregulate and reform the telecommunications industry, aiming to increase competition.
Media Outlets
Organizations that disseminate news, information, entertainment, and other contents through various distribution channels.
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