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_____ Helps Ensure That Customers Receive Material When and Where

question 134

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_____ helps ensure that customers receive material when and where they require it and represents the key link between the producer and the external customer.


Definitions:

Autarky Price

The price of goods in a closed economy that does not engage in international trade.

Domestic Supply

The total amount of goods and services produced within a country that is available for purchase.

Domestic Demand

The total demand for goods and services within a country's borders, excluding exports and including imports.

Comparative Advantage

The ability of a country or firm to produce a particular good or service at a lower opportunity cost than its trading partners.

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