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Match the Person or Term with the with the Correct

question 1

Multiple Choice

Match the person or term with the with the correct description.
-Michael Brown


Definitions:

Comparative Advantage

The ability of an entity to produce goods or services at a lower opportunity cost than others, enabling more efficient international trade.

Absolute Advantage

The ability of an individual, firm, or country to produce more of a good or service than competitors, using the same amount of resources.

Trade Flows

The movement of goods and services across international borders, influenced by tariffs, trade agreements, and global economic conditions.

Free

Pertaining to the availability of a good, service, or resource without the requirement of payment or exchange.

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