Economics
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creates investment opportunities for foreign investors
leads to indigenization of the private sector
raises the level of total tax revenue
raises the level of aggregate demand
controls the spread of monopoly
general services
community services
social services
economic services
administrative services
Nigeria should produce cocoa and lace
Austria should produce cocoa and lace
Nigeria can benefit from producing lace only
Nigeria should not produce any of the products because of her relative disadvantages
Austria should produce lace and Nigeria should produce cocoa
Diferences in currencies
Government control
Mobility of factors of production
Cultural differences
Exchange of Goods and services
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