Examlex
If Eddie can produce 40 milk shakes or 20 banana splits in an hour, and Tina can produce 30 milk shakes or 16 banana splits in an hour, then Eddie has a comparative advantage in producing milk shakes.
Persecuted
Subjected to harassment, punishment, or harm, often due to political, religious, or ethnic affiliation, without just cause or legal proceedings.
Asylum Seeker
An individual who is seeking international protection from dangers in their home country but whose claim for refugee status has not yet been determined.
Free Market Capitalism
An economic system based on supply and demand with minimal government intervention.
Competitive Advantage
The edge a business has over its competitors, allowing it to generate greater sales or margins and retain more customers.
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