To solve the expression \((12a^3)^0(14b)^2\), we will evaluate each part.
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Anything raised to the power of 0 is equal to 1: \[ (12a^3)^0 = 1 \]
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Now we evaluate \((14b)^2\): \[ (14b)^2 = 14^2 \cdot b^2 = 196b^2 \]
Now, we can combine both parts: \[ (12a^3)^0 (14b)^2 = 1 \cdot 196b^2 = 196b^2 \]
Thus, the final result is: \[ \boxed{196b^2} \]