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According to the conservation of angular momentum,if an ice skater starts spinning with her arms out wide,then slowly pulls them close to her body,this will cause her to
World Price
The price at which a good can be bought or sold abroad.
Producer Surplus
A term often used to refer both to individual producer surplus and to total producer surplus.
International Trade
The exchange of goods, services, and capital between countries or territories, influenced by agreements, tariffs, and global economic policies.
Autarky Price
The price of a good or service within a country when it is completely self-sufficient and not engaged in international trade.
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