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When conducting experiments,how is the experimental group different from the control group?
International Specialization
A method where countries or regions focus on producing goods and services they are most efficient at, to enhance global trade efficiency.
Economies Of Scale
The reduction in cost per unit of goods or services produced as the scale of output increases.
World Price
The international market price of a commodity, determined by global supply and demand conditions.
Per-Unit Tariff
A specific tax levied on each unit of a good imported into a country, as opposed to a percentage of the value.
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