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Questions and Answers
What is the main tradeoff between variety and regionalization, according to the text?
In economics, why is variety typically considered a good thing?
What contributes to the reputation of Swiss clocks, Chinese silk, Indian spices, and Italian clothing, according to the text?
Which statement best reflects people's historical preferences, according to the text?
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Why do fast food restaurants in China cater more to local tastes and preferences?
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What is the key factor driving competitive innovation in diverse product offerings?
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