Examlex
Magnetic medium is a secondary storage medium that uses magnetic techniques to store and retrieve data on disks or tapes coated with magnetically sensitive materials.
Manufacturing Tools
Instruments, machinery, and other devices used in the process of producing goods from raw materials.
High-End
Products or services that are considered to be of the highest quality and often carry a premium price.
Comparative Advantage
The ability of a country to produce a specific good or service at a lower opportunity cost than a rival.
Opportunity Cost
The loss of potential gain from other alternatives when one alternative is chosen.
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