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Old 08-05-2011, 09:08 PM   #297
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domestic resource cost (D2)<br />The OPPORTUNITY COST of using a FACTOR OF PRODUCTION to produce one unit of output, divided by the international value added by producing that unit. This is used as an alternative measure to the EFFECTrvE RATE OF PROTECTION. A firm making most of the sales of an industry and often a price leader. There are many firms of this type in oligopolistic industries.<br /><em>See also:</em> competitive fringe
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