Examlex
The NFPA 704 system rates the severity of hazards on a scale from:
Comparative Advantage
An economic theory that refers to the ability of any given economic actor to produce goods and services at a lower opportunity cost than other economic actors.
Absolute Advantage
The ability of an entity to produce a good or service more efficiently than its competitors, using fewer resources.
Global Trade
The exchange of goods, services, and finances between countries and territories, overcoming geographical limitations.
Megacities
Urban areas with a population of over 10 million people, often characterized by significant economic, political, and cultural influence.
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