Examlex
The minimum prison sentence for selling a few grams of crack is now five years.
Japanese Goods
Products that are manufactured or produced in Japan, often associated with high quality, innovation, and technology.
GDP
Gross Domestic Product, the total value of all goods and services produced within a country's borders in a specific time period, used as a broad measure of economic performance.
Absolute Advantage
The ability of a party to produce a greater quantity of a good, product, or service than competitors, using the same amount of resources.
Comparative Advantage
The capability of an entity to generate a product or service with a smaller opportunity cost compared to another entity.
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