Examlex
Policing is not the most objectively dangerous job.
Export
Products or services shipped from one nation to another for the purpose of sale or exchange.
Comparative Advantage
The ability of an entity to produce a good or service at a lower opportunity cost than another entity, leading to more efficient trade possibilities.
Mutually Beneficial Trade
Trade that provides benefits to both parties involved, allowing them to attain a level of satisfaction or economic utility that would not be possible individually.
Specialization
Division of productive activities so that no one is self-sufficient.
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