Application absolute layout
<?xml version="1.0" encoding="utf-8"?>
<mx:Application xmlns:mx="http://www.adobe.com/2006/mxml" layout="absolute">
<mx:Panel paddingTop="15"
paddingBottom="15"
paddingLeft="15"
paddingRight="15"
title="Test Application">
<mx:Label text="Hello World!" fontWeight="bold" fontSize="20" />
</mx:Panel>
</mx:Application>
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