Examlex
Explain the difference between active and passive policymaking.
Comparative Advantage
The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors.
World Economic Resources
It refers to all natural, human, and capital resources that are available globally which support economic production and development.
Net Exporter
A country that exports more goods and services than it imports, leading to a positive trade balance.
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