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TVs
Short for televisions, electronic devices designed for receiving and displaying video and audio signals, providing entertainment, information, and often educational content to viewers.
Comparative Advantage
The principle that countries or entities benefit by producing goods and services for which they have lower opportunity costs than others, allowing for trade efficiencies.
Portugal
A country located in southwestern Europe on the Iberian Peninsula, known for its long history, cultural heritage, and maritime pursuits.
Trade Deficit
A scenario in which the total imports of goods and services of a country surpass its exports.
Q15: The item marked _ in Figure 3.1
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Q126: They are numbers that represent a color