Examlex
Which of the following is not a reason why existing states might hesitate to recognize groups seeking self-determination?
Gain From Trade
The benefit obtained by countries, organizations, or individuals from engaging in exchange or trade.
Absolute Advantage
The ability of an entity to produce a good or offer a service more efficiently than its competitors when using the same amount of resources.
Absolute Advantage
The capability of an individual, company, or country to produce a good or service at a lower cost per unit than competitors.
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 and production.
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