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The imposition of an import quota shifts
Productivity
A measure of the efficiency of production, often quantified as the ratio of outputs to inputs in the production process.
Human Capital
The economic value of an individual's skill set and knowledge, considered an asset in the production process.
Physical Capital
Refers to tangible assets used in the production of goods and services, such as machinery, buildings, and tools.
Productivity
The measure of the efficiency of production, often defined as the ratio of output to inputs in the production process.
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