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How did the Emancipation Proclamation affect slavery in the border states?
Absolute Advantage
The capacity of an entity to produce a good or service more efficiently than its competitors using the same amount of resources.
Comparative Advantage
A principle in economics that states a party's ability to produce a particular good or service at a lower opportunity cost than its trade partners, which can lead to beneficial trade.
Typing Reports
The act of creating written documents or records, typically using a keyboard or typewriter, which detail specific information or findings.
Comparative Advantage
The ability of a country, firm, or individual to produce a good or service at a lower opportunity cost than competitors.
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