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In 1980, the World Bank reports, such goods represented just 20% of the exports of poor countries.
The stolen goods represented half a century of passionate collecting by the idiosyncratic millionaire, and he was deeply upset by the raid, which remains Britain's biggest burglary.
How did that new world of goods, represented by Victorian parlors filled with overstuffed furniture and daguerreotype portraits, come into being?
Because all of the combinations of goods represented by the points are equally desirable, the consumer would be indifferent to the combination actually received.
For example, the two-way flow of goods, represented by silk, porcelain, spices, rubber, electronic products and small wares, is an important part within this framework.
"While today most of these items are items from games and collectibles, we envision that we will see licenses, tickets, rights, even tokenized physical goods represented as digital assets," Mahajan tells us.
Similar(48)
Manufactured goods represent Germany's comparative advantage, whereas ours is in services.
The transportation of dangerous goods represents one of the most critical risks particularly in urban areas.
China is the world's largest exporter of consumer products, and tainted goods represent a small fraction of the country's more than $1 trillion in annual exports.
Overall, electronics goods represent a low-margin, high-volume business where items sell largely according to their price.
Hard goods represent a good fit with Lacy's credit business, which brings in only 10% of revenue but more than half of operating profits.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com