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Britain did not protest too loudly against the Union naval blockade of the Confederacy because
Specialize
To focus on a particular area of expertise or production, often to increase efficiency or performance in that area.
Comparative Advantage
The principle that holds a party can produce some goods at a lower relative cost than another, promoting beneficial trade.
Other Goods
The term refers to any goods that are not directly under consideration but can still affect the market situation, such as substitute or complementary goods.
Increasing Opportunity
Increasing opportunity involves the growth or expansion of choices and avenues through which individuals or organizations can achieve desired goals or outcomes.
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