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    Macroeconomics Study Set 68
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    Exam 20: International Trade
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    Production of Goods and Services Require Different Mixes of Resources
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Production of Goods and Services Require Different Mixes of Resources

Question 141

Question 141

Essay

Production of goods and services require different mixes of resources. Discuss the three different
production resource intensities and give examples of each.

Correct Answer:

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Labor-intensive goods are products requi...

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