Examlex
Which of the following is true regarding simulation?
Comparative Advantage
The ability of an individual or country to produce a good or service at a lower opportunity cost than another producer, supporting international trade.
Automobiles
Self-propelled vehicles designed primarily for passenger transportation.
Coffee
A beverage made from roasted and ground coffee beans, widely consumed globally and known for its stimulating effect due to caffeine.
Comparative Advantage
The ability of an entity to produce a good or service at a lower opportunity cost than others, allowing for beneficial trade.
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