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      "text": "Low labor cost",
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      "text": "Minimum wage in Turkey is similar to that in China\n2021 Real Minimum Wage ($)\n~$25,400\n~$25,100\n~$22,600\n~$22,100\n~$15,100\n~$4,900\n~$4,800\n~$880",
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      "text": "4. Vertically integrated business model drives lower costs & higher revenues (cont’d)",
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