Examlex
__________ is a commonly used measure of global economic integration.
Relatively Easy Entry
Refers to industries or markets where barriers to entry are minimal, allowing new competitors to join with fewer obstacles.
Similar Products
Goods that serve the same purpose or function and can substitute for each other in consumer usage.
Large Number
Refers to a quantity significant enough to influence or be noticed within a particular context, often used in statistical or mathematical analyses.
Monopolistically Competitive
Describes a market structure where many firms sell products that are similar but not identical, allowing for competition based on product differentiation.
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