Examlex
Internet research tools fall into two categories: search tools and ________.
Comparative Advantage
The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors, underpinning international trade.
Specialization
The practice of focusing on and becoming expert in a particular subject or skill, in economics, it refers to individuals or firms concentrating on the production of limited kinds of goods or services.
Absolute Advantage
The ability of an individual, company, or country to produce a good or service at a lower cost per unit than others.
Comparative Advantage
The ability of an entity to produce a good or service at a lower opportunity cost than another entity, leading to more efficient trade.
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