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Why does the surface area of Earth remain constant throughout time?
Imports
Goods or services brought into one country from another for sale or use.
Opportunity Cost
The cost of forgoing the next best alternative when making a decision or choosing between options.
Comparative Advantage
The ability of an individual, firm, or country to produce a certain good or service at a lower opportunity cost than others.
Trade Deficit
The economic condition that arises when a country imports more goods and services than it exports.
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