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Why are behavioral systems necessary?
Exports
Goods or services produced in one country and sold to buyers in another, contributing to international trade.
Global Trade Flow
Refers to the movement of goods and services across international borders, involving various economic activities and exchanges between countries.
Specialization of Labor
The division of labor into distinct tasks, where individuals specialize in specific tasks, improving efficiency and productivity.
Adam Smith
An 18th-century economist known for his writings on classical economics, including the concept of the division of labor and the benefits of free markets.
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