Examlex
In Lake Victoria, hundreds of cichlid fish species arose after the lake last dried up 12,400 years ago. This is an example of ____.
Human Capital
The capabilities, insights, and expertise held by a person or a group of people, considered in relation to their worth or expense to a company or nation.
Comparative Advantage
The ability of a country, individual, company, or region to produce a good or service at a lower opportunity cost than competitors.
Technical Goods
Products designed with a specific technical or functional purpose, often requiring specialized knowledge to use.
Heckscher-Ohlin Theorem
An economic theory stating that countries will export goods that require resources (factors of production) that are abundant and import goods that require resources in short supply.
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