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Matching: the Letter of the Correct Definition Is Given in the Space

question 29

Multiple Choice

Matching: The letter of the correct definition is given in the space provided.
-Patriarchal


Definitions:

Petroleum Exports

The selling and shipment of petroleum products from one country to another.

Petroleum Imports

These refer to the acquisition of crude oil or refined petroleum products from foreign countries.

Comparative Advantage

An economic principle that posits countries, individuals, or entities gain and benefit from trading if they specialize in producing goods and services for which they have a lower opportunity cost.

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