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Select the graph of the conic.
Domestic Export Sector
The part of a country's economy that is focused on producing goods and services for exportation to other countries.
Production Possibilities Curves
The production possibilities curve illustrates the maximum potential output combinations of two goods or services that an economy can achieve when all resources are fully and efficiently utilized.
Trading Possibilities Curves
A graphical representation that shows the maximum amounts of goods that two countries can trade with each other, given their resources and technology.
Comparative Advantage
The skill of an entity—be it an individual, enterprise, or nation—to manufacture a product or deliver a service at a reduced opportunity cost than that of its competitors.
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