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The minute,needle-like structures that act as a skeletal support system in sponges are called _________________.
Export Promotion
A development strategy that concentrates on producing for the export market
Import Substitution
An economic strategy aimed at reducing dependency on foreign imports through the local production of industrialized products.
Comparative Advantage
Comparative advantage is the ability of a country, individual, company, or region to produce a good or service at a lower opportunity cost than its competitors.
Economic Growth
A rise in the output of products and services within an economy over a certain duration, typically assessed through the Gross Domestic Product (GDP).
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