Examlex
People with sub-Saharan ancestry comprise 12% of the world's people; and in 2000,they held the top 15 world running records,ranging from the 100 metre to the marathon.This shows that even when describing reality,stereotypes explain causation.
Economies Of Scale
Reductions in average total cost as output rises.
Treasury Reserves
Funds or assets held by a country's treasury to manage the economy’s money supply, stabilize currencies, or finance emergencies.
Comparative Advantage
The economic principle that nations should produce and export goods in which they have the lowest relative cost of production.
Western European Countries
Nations located in the western part of Europe, often characterized by developed economies, democratic governance, and high living standards.
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