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Business, 27.05.2021 23:30 khehnai

applies to land-intensive commodities but not to labor-intensive or capital-intensive commodities. refutes the principle of comparative advantage. results in straight-line production possibilities curves rather than curves that are bowed outward from the origin. may limit the extent to which a nation specializes in producing a particular product.

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applies to land-intensive commodities but not to labor-intensive or capital-intensive commodities. r...
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