Examlex
Which statement is true?
Foreign Aid
Financial or material assistance provided by one country to another, often to support economic development or humanitarian efforts.
International Trade
The exchange (trade) of goods and services across international borders.
Trade Barriers
Measures that governments or public authorities introduce to restrict or impede international trade and competition, such as tariffs, quotas, and regulations.
Comparative Advantage
The ability of an entity to produce a good or service at a lower opportunity cost than competitors, leading to more efficient international trade.
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