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Storage for automatic local variables is automatically reserved (that is, created) before the program begins its execution.
Trade Specialization
The economic practice where countries or regions focus on producing goods and services in which they have a comparative advantage, leading to increased efficiency and productivity.
Trade Surplus
Occurs when a country's exports exceed its imports during a specific time period, indicating a positive balance of trade.
Bilateral Trade Agreement
An agreement between two countries that lowers tariffs and trade barriers on most goods and services traded between them.
Exports
Goods or services produced in one country and sold to buyers in another, contributing to a country's economy by bringing in revenues.
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