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Reference:
Table SEQ Table 3
-Table 3 above illustrates the amount of dresses and laptops two countries can produce with their given amount of resources and level of technology.Which country has the comparative advantage of producing dresses and which country has the comparative advantage of producing laptops?
Condition Subsequent
A condition in a contract that, if it occurs, terminates an already established right or obligation.
Tender
refers to the offer of payment of money or the performance of an obligation in order to discharge a debt or fulfill a contract.
Offering
The process or act of presenting something for acceptance, consideration, or use, such as a financial instrument or a proposal.
Discharge by Performance
The termination of a contractual obligation when both parties fulfill their respective duties as agreed in the contract.
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