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Use the following to answer questions:
Select the word or phrase from the Terms section that best matches the definition or example provided in the Definitions section.
Terms
-An organization created in 1906 in response to the Indian National Congress in India's struggle for independence from Britain; its leader, Muhammad Ali Jinnah, argued that regions of India should form a separate state called Pakistan.
International Trade
The exchange of goods, services, and capital between countries and territories, playing a crucial role in the global economy by allowing for specialization and access to diverse products.
Absolute Advantage
The ability of an individual, company, or country to produce a good or service at a lower cost than competitors.
Opportunity Costs of War
The economic resources and benefits that are forgone by engaging in war, including the impact on trade, development, and the allocation of government spending.
International Trade
The international transfer of goods, services, and capital across national boundaries or regions.
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