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More cards in this set
Card 16
Front
What does it mean if a country has an absolute advantage in producing a product?
Back
Card 17
Front
What is the name of the specialization of labor?
Back
Card 18
Front
What are the advantages of the division of labour?
Back
Card 19
Front
What are the disadvantages of the division of labour?
Back
Card 20
Front
What is latent demand?
Back
Card 21
Front
What is joint demand?
Back
Card 22
Front
What is competitive demand?
Back
Card 23
Front
What is derived demand?
Back
Card 24
Front
What does a demand curve show?
Back
Card 25
Front
What is the pattern of a normal demand curve?
Back
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