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Factor endowments is one of the four interacting aspects of the theory of national competitive?advantage of industries.
Colonial Power
A country that establishes control over foreign territories to exploit them economically, politically, and culturally.
Manufactured Products
Goods that have been processed or transformed from raw materials into finished goods ready for sale.
Raw Materials
Basic materials extracted from the environment or that are used in the initial stages of production to make goods.
Tariffs
Taxes levied on imported goods and services, intended to make imported goods more expensive to protect domestic industries.
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