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Which of the following is an advantage offered by a functional structure?
Resource Base
The total available resources that an economy has access to, including natural resources, labor, and capital.
Trillion Dollar Economies
Countries whose Gross Domestic Product (GDP) exceeds one trillion dollars, reflecting a high level of economic output.
NDP
The total value of all goods and services produced within a country's borders in a specific time period, minus depreciation.
GDP
Gross Domestic Product, the total value of all goods and services produced over a specific time period within a country's borders, serving as a comprehensive measure of economic activity.
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