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When Keller and Marian Breland, two psychologists who became animal trainers, decided that it would be cute to have a pig drop a big wooden coin into a box, they found that:
Effectiveness
A measure of how well resources are used to achieve goals and objectives.
Absolute Advantage
The ability to produce a good using fewer inputs than another producer
Trade Decisions
The choices made by individuals or governments regarding the import and export of goods and services, influenced by factors like costs, demand, and trade policies.
Small-Economy Assumption
An analytical approach assuming a country is small enough that its policies do not affect global markets, used to simplify economic analysis.
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