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Who created the "strange situation procedure"?
International Trade
The exchange of goods and services across international borders or territories, often influenced by trade agreements, tariffs, and economic policy.
Consumption Possibilities
The different combinations of goods and services that a consumer can afford to purchase at given prices with their income level.
Production Possibilities
Represents the various combinations of goods and services that an economy can produce, given its technological capabilities and resources.
Major Exporter
A country or region that sells a large quantity of goods or services to other countries.
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