Examlex
Foreign trade:
Profit Margin
A financial metric that measures the percentage of revenue remaining after all expenses have been deducted from sales.
Equity Multiplier
A financial leverage ratio that measures the portion of a company's assets financed by its shareholders' equity.
Absolute Advantage
A condition in which a country, company, or individual can produce a good or service at a lower cost per unit than competitors using the same amount of resources.
Comparative Advantage
The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors.
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