Examlex
Which of the following refers to the information or skill areas of an individual or group that require further development to increase the productivity of that individual or group.
Factor Endowments
Refers to the quantities of productive resources a country has available, including labor, land, and capital.
Trade Advantage
The benefit or edge a country, region, or business has in producing a specific good or service more efficiently than competitors.
Labor-Abundant
Describes an economy or sector that has a high availability of labor relative to capital.
Land-Abundant
A description of a country or region that has a large amount of land available for agriculture or development relative to other inputs.
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