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Business, 12.03.2020 18:30 ljohnson135

The Republic of South Africa exports edible fruits and nuts into the common market known as the European Union, and imports from the European Union other products which South Africa could produce but at a higher cost than what it costs the Europeans to produce. This practice follows the premise of .ï‚·The Theory of Absolute Advantageï‚·The Theory of Malthusï‚·The Theory of Competitive Positioningï‚·The Theory of Comparative Advantage

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