The relationship of demand and supply determines market prices. A balance of demand and supply factors determines an equilibrium price. When demand or supply, or both, shifts or moves, the equilibrium price changes.
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Guatemala is a constitutional democratic Republic divided into 22 departments and governed by 3 branch systems ( executive, legislative, and judicial)
<span>India was located close to China, which produced most of the world's trade goods.
India produced most of the goods that other countries were looking to import.
India had access to major waterways, which allowed for easy shipment of goods to other counties.
India was a central location between the East and West, which made it a trade hub.</span>
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