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10 questions from this quiz
Absolute: efficiency; Comparative: cost
0.50.50.5 pots per bracelet
100×Export indexImport index100 \times \frac{\text{Export index}}{\text{Import index}}100×Import indexExport index
Must export more for same imports
Weather and supply fluctuations
Relatively inelastic
12.13%
About 40%
70%
Relative factor endowments
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