Examlex
Identify and give the historical significance of each of the following terms, events, and people in a paragraph or two.
-mound builders
Exports
Goods or services produced in one country and sold to buyers in another country, often contributing to a nation's gross domestic product.
Imports
Goods or services brought into one country from another for sale.
Comparative Advantage
The ability of an individual or country to produce a particular good or service at a lower opportunity cost than its trade partners, leading to more efficient trade outcomes.
Domestic Price
The price of goods or services within a country, influenced by local demand and supply conditions.
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