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Explain the occurrence of land-sea breezes and mountain-valley breezes.
World Price
The global market price of a good or service, determined by supply and demand across all countries.
Export Supply Curve
A graphical representation that shows the relationship between the price of a good on the international market and the quantity of the good that a country is willing to export.
Export Supply Curves
Graphical representations showing the relationship between the price of a good on the international market and the quantity of the good that a country is willing to export.
Import Demand Curves
Graphical representations that show the quantity of goods a country is willing to import at different price levels.
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