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The budget is all but which of the following?
European Union
A political and economic union of 27 European countries that are located primarily in Europe, aiming to foster economic cooperation and create a barrier-free single market.
Common Currency
A common currency is a currency that is used by multiple countries, facilitating trade and economic policy coordination.
Comparative Advantage
The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors.
Offshoring
The practice of relocating business processes or production to another country, often to reduce costs or take advantage of favorable economic conditions.
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