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Item 14 In the long run, factors of production Multiple Choice are affected in a manner that is inverse to the effect of trade on

Item 14 In the long run, factors of production Multiple Choice are affected in a manner that is inverse to the effect of trade on the products that those factors are used to produce. are tied to what they are employed to produce. can move between products in response to differences in returns. are not important in determining the profits that firms can earn since the costs of factors are fixed

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