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Transferability (economics)

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Transferability refers to the costs involved in moving goods from one place to another.[1] These include the costs of transportation, the costs of making the goods compliant with the regulations of the shipping destination, and the costs associated with tariffs or duties.

References

  1. ^ Marsh, Meredith; Alagona, Peter (2014). AP Human Geography (5th ed.). Barron's Educational Series. p. 22. ISBN 9781438092607.