Examlex
Microsoft ____ is one of the most well-known databases for personal computers.
Comparative Advantage
A concept in economics where a country can produce a particular good or service at a lower opportunity cost than its trading partners.
Labor-Intensive
Describing a process or industry that requires a large amount of labor to produce goods or services compared to the amount of capital used.
Labor-Abundant
Referring to a country or region that has a large supply of labor relative to capital.
Comparative Advantage
The ability of an entity to produce a good or service at a lower opportunity cost than others, leading to more efficient trade possibilities.
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