Examlex
Match the following:
-Diverse life experiences
Gain From Trade
The increase in utility or benefit that entities receive from trading goods or services with each other, often as a result of specialization and efficiency.
Barrels
A unit of measure for oil and other petroleum products, equal to 42 US gallons.
Absolute Advantage
The ability of an individual, company, or country to produce a good or service at a lower cost per unit than the cost at which any other entity produces that good or service.
Production Possibility Frontiers
A curve depicting all maximum output possibilities for two or more goods, given a set of inputs.
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