Examlex
Which of the following statements about recruitment is true?
Higher Total Output
Indicates an increased overall level of production or sum of goods and services produced within an economy.
Resource Endowments
The natural, human, and capital resources that a country or region possesses, determining its economic potential and development opportunities.
Technological Capabilities
Refers to the knowledge, equipment, and processes that an organization has at its disposal to develop new products or improve existing ones.
Comparative Advantage
The ability of an entity to produce a good or service at a lower opportunity cost than its competitors.
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