Examlex
Find the exact value of .
Capitalism
An economic system in which productive resources are owned privately and goods and resources are allocated through market prices.
Exchange
The act of giving one thing and receiving another (especially of the same type or value) in return, often referring to the trading of goods, services, or currencies.
Comparative Advantage
The ability of an individual, firm, or country to produce a good or service at a lower opportunity cost than competitors.
Specialization
The process of concentrating on and becoming expert in a particular subject or skill within production or labor.
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