Examlex
If you frown as someone speaks to you,you are providing the sender with feedback about the message.
Trade
The swapping of goods, services, or both among two or more entities.
Opportunity Cost
The loss incurred from potential opportunities when one choice is made over others.
Absolute Advantage
A condition where a country, entity, or individual can produce a good or service more efficiently than competitors using the same amount of resources.
Comparative Advantage
The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost compared to others.
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