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A market exists when: a physical location is created to facilitate the exchange of personal information about consumer choices. the cost of production is equated to the price by a government agency. people exchange money for goods and services. an absolute advantage is achieved by one country.

User Firmino Changani
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Step-by-step explanation:

A clear example of a nation with an absolute advantage is Saudi Arabia, The ease with which it can reach its oil supplies, which greatly reduces the cost of extraction, is its absolute advantage over other nations.

User Joe Hany
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