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In factorial analysis of variance, main effects
Absolute Advantage
A condition where a country, company, or individual can produce a good or service more efficiently than another entity, using fewer resources.
Corn Laws
The tariffs, subsidies, and restrictions enacted by the British Parliament in the early nineteenth century to discourage imports and encourage exports of grain.
Imports
Products or services imported from one country into another for the purpose of selling or utilization.
Exports
Goods or services produced in one country and sold to buyers in other countries.
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