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Industrial Clusters and Agglomeration Economies: Analyzing Geographic Concentration of Industries

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Multiple Choice

What is an industrial cluster?

  1. A group of firms in the same industry located in a specific geographic area
  2. A group of firms in different industries located in a specific geographic area
  3. A group of firms in the same industry located in different geographic areas
  4. A group of firms in different industries located in different geographic areas
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