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​Match the Term to Its Description or Definition

question 9

Multiple Choice

​Match the term to its description or definition.
-A device that transforms power from one system to another in the same or different form


Definitions:

Economies Of Scale

The cost advantage that arises with increased output of a product, where the average cost per unit decreases as the scale of production expands.

International Trade

The exchange of goods, services, and capital between countries, driven by comparative advantages and market needs.

Domestic Producers

Businesses or manufacturers that produce goods within their own country rather than importing them from abroad.

Trade Sector

An economic segment that involves the exchange of goods and services across domestic and international boundaries.

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