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If a firm can realize location economies by moving production elsewhere, it should avoid
Domestic Currency
The currency that is legal tender in a country and used for domestic transactions.
Overvalued Currency
A currency that is traded at a price higher than its intrinsic value, often due to government intervention or speculative demand.
Manufacturing-Dependent
Describes economies or regions that primarily rely on the manufacturing sector for economic growth and employment.
Domestic Production
Goods and services produced within a country’s borders, contributing to its gross domestic production (GDP).
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