Compare traditional large scale industries and modern high tech industries
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Traditional large-scale industrial regions are based on heavy industries whereas the modern high-tech industrial Parks are based on small scientific industries. ... Traditional industrial regions employ large number of blue collar workers whereas modern industrial regions employ small number of white collar workers.
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The balance of trade, commercial balance, or net exports, is the difference between the monetary value of a nation's exports and imports over a certain time period. Sometimes a distinction is made between a balance of trade for goods versus one for services.
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