Examlex
Which of the following is not a cost related to the extension of credit to customers?
Comparative Advantage
The ability of a country, company, or individual to produce a good or service at a lower opportunity cost than competitors.
Proximity
The state of being close or near in space, time, or relationship.
Natural Resources
Naturally occurring materials such as minerals, water, and fertile land that can be used for economic gain.
International Organization
An entity formed by sovereign states or civil societies to work on common areas of interest such as peace, security, and development on a global scale.
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