Examlex
Slight movement of the chest during respiration is usually indicative of which of the following?
Absolute Advantage
A country's ability to produce a good more efficiently than other countries, requiring fewer resources for the same output.
Autarky
National self-sufficiency; no economic interaction with foreigners.
Opportunity Cost
The value of the best alternative that is forgone in making any choice or decision.
Terms of Trade
The ratio between a country's export prices and its import prices, indicating the quantity of imports goods a country can purchase through the sale of its exports.
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