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The table given below shows the units of land and labor required to produce a unit of bread and cheese respectively in country X. If country X is land-abundant, the opening up of free trade would result in:
Bureaucratic Rules
Formalized regulations and procedures designed to structure operations and decision-making within organizations.
Stringent Guidelines
Strict, precise, and exacting rules or instructions designed to be followed in a particular field or activity.
Murray's Manifest Needs Theory
A psychological theory proposed by Henry Murray, which describes human motivation in terms of underlying psychological needs.
Desire for Independence
The intrinsic motivation or drive of individuals to control their own actions, make independent decisions, and be self-reliant.
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