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Textile Workers in Which of the Following Countries, Formerly Dependent

question 73

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Textile workers in which of the following countries, formerly dependent on such work, could no longer compete with British cotton produced with the aid of steam engines?


Definitions:

Trade Agreements

Treaties between two or more nations that outline the terms and conditions of trade between them, possibly including tariffs, quotas, and other trade restrictions.

Comparative Advantage

The ability of an individual, firm, or country to produce a certain good or service at a lower opportunity cost than others.

Specialize

To focus on a specific area of knowledge, skill, or production, often improving efficiency and quality in the process.

Produce

To create, manufacture, or grow goods and products.

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