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According to the factor-endowment theory, international specialization and trade cause a nation's cheap resource to become cheaper and a nation's expensive resource to become more expensive.
Optimal Solutions
The best possible outcomes or answers to a problem, given constraints and objectives.
Operations Management
The area of management concerned with designing and controlling the process of production and redesigning business operations in the production of goods or services.
Numerical Answer
A Numerical Answer is a solution to a problem or question that is expressed in numbers or quantities.
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