Examlex
The XML ____ is a processing instruction statement identifying the version of XML used in the document.
Relative Cheaper
The comparison of the cost of one product or service to another, indicating that the former is less expensive.
Labor-Intensive
Describing a process or industry that requires a large amount of labor to produce its goods or services.
Comparative Advantage
The ability of a country or firm to produce a particular good or service at a lower opportunity cost than its competitors, which enhances efficiency in international trade.
Production Possibilities
A curve or frontier representing the maximum combination of goods and services that can be produced efficiently with available resources and technology.
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