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IAL Economics Unit 3- 3.3.3
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IAL Economics Unit 3- 3.3.3

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Efficiency, Concentration Ratio, Contestability, Perfect Competition, Monopolistic Competition, Monopoly, Monopsony, Oligopoly. Chapters 8- 14
IAL Economics Unit 4- 4.3.2
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IAL Economics Unit 4- 4.3.2

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Specialisation and comparative advantage, patterns and volume of trade, terms of trade, trade liberalisation and trading blocs, restrictions on trade