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Refer to Shoe Quota

question 435

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Refer to Shoe Quota. Overall as a result of this change in policy, what happens to exports, imports, and net exports?


Definitions:

Innate Capacity

A natural ability or talent that an individual is born with, not acquired through learning.

Relativist

A philosophical stance asserting that points of view have no absolute truth or validity, having only relative, subjective value according to differences in perception and consideration.

Phonemes

The tiniest sound elements in a language that can differentiate one word from another.

Morphemes

The smallest grammatical units in a language, capable of conveying meaning, such as root words, prefixes, and suffixes.

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