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Inhalation
Trade Flows
The movement of goods and services across borders, reflecting the export and import activities between countries.
Importers And Exporters
Entities engaged in the business of buying goods from foreign countries for local resale (importers) and selling domestic goods to foreign countries (exporters).
Absolute Advantage
a condition in which a country, individual, or firm can produce more of a good or service with the same amount of resources than others can.
Resources
Inputs used in the production of goods and services, including labor, capital, and natural resources.
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