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What Factors Influence the Extent of Trade Creation and Trade

question 74

Essay

What factors influence the extent of trade creation and trade diversion?


Definitions:

Unascertained Goods

Goods that have not been specifically identified or allocated to a contract at the time of its formation.

Appropriated

The act of taking something for one's own use, typically without the owner's permission.

Title

The legal right to own, possess, or use property.

Title

The legal right to own, use, or sell a particular piece of property, including real estate or vehicles.

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