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Explain why large interest rate differences would be strong evidence of unrealized gains from trade.
Infinite Patience
An extensive capacity to tolerate delays, obstacles, or suffering without becoming annoyed or anxious.
Self-Sacrifice
The act of giving up one's own interests, desires, or well-being for the benefit of others or for a cause.
Economic Liability
A financial obligation or debt that poses a potential cost to an individual or entity.
Industrialized Societies
Societies characterized by a high level of industrial development and a significant proportion of the population employed in the manufacturing and service sectors.
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