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According to Adam Smith, industries naturally begin to subdivide and improve themselves along the banks of non-navigable rivers.
According to Adam Smith, industries naturally begin to subdivide and improve themselves along the banks of non-navigable rivers.
False
Alfred Weber suggested that firms tend to locate where only one mode of transportation is available.
Alfred Weber suggested that firms tend to locate where only one mode of transportation is available.
False
Reducing transportation costs in the production sector can decrease the efficiency of the production process.
Reducing transportation costs in the production sector can decrease the efficiency of the production process.
False
Higher external trade is not directly linked to higher economic growth.
Higher external trade is not directly linked to higher economic growth.
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Seaports have minimal impact on the domestic economy according to economic theories.
Seaports have minimal impact on the domestic economy according to economic theories.
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When transport systems are inefficient, they provide economic and social opportunities that result in positive multiplier effects.
When transport systems are inefficient, they provide economic and social opportunities that result in positive multiplier effects.
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The national income will decrease through negative multiplier effects as a result of the investment in port logistics.
The national income will decrease through negative multiplier effects as a result of the investment in port logistics.
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Direct impacts of ports include sectors like freight forwarders and customs services.
Direct impacts of ports include sectors like freight forwarders and customs services.
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Indirect impacts of ports are generated from the impact of ports on the agricultural sector.
Indirect impacts of ports are generated from the impact of ports on the agricultural sector.
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Every government has a port development plan with the aim of decreasing citizens' wealth.
Every government has a port development plan with the aim of decreasing citizens' wealth.
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