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Decide whether the equation is an identity, a conditional equation, or a contradiction. Give the solution set.
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Export
The selling of goods or services produced in one country to buyers in other countries.
Comparative Advantage
The principle that a country, individual, or firm can produce a particular good or service at a lower opportunity cost than competitors, leading to advantageous trade.
Constant Rate
A steady, unchanging speed or level at which something occurs or is processed.
Opportunity Cost
The financial consequence of bypassing the subsequent optimal opportunity in favor of another decision.
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