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In the Long Run, Import Quotas Increase Net Exports

question 97

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In the long run, import quotas increase net exports.


Definitions:

Kente Cloth

A type of silk and cotton fabric made of interwoven cloth strips and is native to the Akan ethnic group of South Ghana, known for its vibrant colors and designs.

Material

A substance or substances from which a thing is or can be made.

Kente Cloth

A traditional Ghanaian textile made of interwoven cloth strips, highly symbolic and often worn for special occasions with specific meanings tied to its colors and patterns.

Produced

Created, manufactured, or brought into existence through a process.

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