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Benjamin is an 80-year-old man whose acuteness of hearing has dramatically decreased in the last decade. This indicates that he has most likely developed:
Import Units
A measure concerning the quantity of goods or services that a country brings in from other countries for domestic consumption or use.
Trade
The exchange of goods, services, or both between two or more parties, either within an economy or between economies.
Comparative Advantage
The ability of an individual, firm, or country to produce a particular good or service at a lower opportunity cost than others.
World Price
denotes the global market price of a good or service, which can affect domestic markets through imports and exports.
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