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A reaction requires water as a reactant and produces heat. What type of reaction is likely to be involved?
Free Trade
An economic policy that allows imports and exports between countries with minimal or no tariffs, quotas, or prohibitions.
Comparative Advantage
The ability of an individual or country to produce a particular good or service at a lower marginal cost than others.
Production Possibilities
Various combinations of goods and services that can be produced within an economy given available resources and technology.
Economies Of Scale
The cost advantage achieved by producing goods in large quantities, hence reducing the cost per unit.
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