Examlex
Which of the following statements is false?
Supply Chains
Networks of individuals, organizations, resources, activities, and technology involved in the creation and sale of a product, from the delivery of source materials from the supplier to the manufacturer, and eventually to the end user.
Comparative Advantage
An economic theory that refers to the ability of any given economic actor to produce goods and services at a lower opportunity cost than other economic actors.
Absolute Advantage
The ability of an entity to produce a good or service more efficiently than its competitors, using fewer resources.
Global Trade
The exchange of goods, services, and finances between countries and territories, overcoming geographical limitations.
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