Examlex
Expertise, honesty, and trustworthiness are the core of
Resource Endowments
The natural resources, labor force, capital, and technology that a country possesses, which influence its economic potential.
Trade Gains
The benefits that countries receive from engaging in international trade, often leading to more efficient production and a greater variety of goods and services.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision or choosing an action.
Tons of Rice
A unit of measure indicating the quantity of rice, often used in trading and economic analysis related to agricultural commodities.
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