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the opposite of free trade where restrictions are placed on international trade by import duties and subsidies.
a measure of how producers will react to a change in the price.
those that do not replenish themselves in one person's lifetime.
when the stock of capital increases at the same rate as the workforce so that production levels...
the ability of a firm or nation to produce goods and services of an acceptable quality and at...
(also known as commodity markets or product markets) markets where final goods are exchanged...