Examlex
Explain why "a correlation does not prove causation."
Global Trade
The exchange of goods, services, and capital across international borders or territories.
Security
Involves measures and protocols put in place to protect assets, information, and operations from theft, damage, and interruptions.
Efficient Flow
The optimized movement of goods, information, and financial resources through a supply chain, aiming to reduce costs and improve speed without sacrificing quality.
Factor Endowment Theory
An economic theory that suggests a country's trade patterns are primarily determined by its factor endowments, such as land, labor, and capital, rather than its productivity levels.
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