Examlex
A thin uniform spherical shell exerts zero force on a particle located inside of the thin shell.
Comparative Advantage
The ability of a country, company, or individual to produce a good or service at a lower opportunity cost than competitors.
Autarky
An economic policy or situation in which a country is self-sufficient and does not engage in international trade.
Cattle
Large domesticated bovines raised for their meat, milk, or hides, but in economic context, it broadly relates to agricultural commodities.
Opportunity Cost
The expense incurred by not selecting the second-best choice while deciding or preferring one option to another.
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