Examlex
"It appears to me that …." Is an example of what?
Dumping
The practice of a company selling a product in a foreign market at a price lower than its cost of production or lower than the price in its domestic market.
Comparative Advantage
The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors, leading to more efficient international trade.
Economics
The study of how individuals and societies choose to use the scarce resources that nature and previous generations have provided.
Efficiency
The condition in which the economy is producing what people want at least possible cost.
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