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For a Given Country, Comparing the World Price of Aluminum

question 187

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For a given country, comparing the world price of aluminum and the domestic price of aluminum before trade indicates whether that country's demand for aluminum exceeds the demand for aluminum in other countries.


Definitions:

PhCOCH

A general formula shorthand for compounds where a benzene ring (indicated by Ph, standing for phenyl) is attached to a carbonyl group (CO) and an additional unspecified group (CH), leading to a variety of possible chemical structures.

Cyclopentanecarboxylic Acid

A cycloalkane derived carboxylic acid, with the carboxyl group attached to a five-membered ring.

Reagents

Substances or compounds used in chemical reactions to cause or analyze a chemical change.

Reaction

An action through which one or more starting materials, or reactants, are altered to yield one or more new substances, termed products.

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