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Overall, the consistent notation, integration among the diagramming techniques, and application of the diagrams across the entire development process makes ________ a powerful and flexible tool set for analysts and developers.
Economic Background
The set of conditions including historical, geographical, and cultural factors that influence the economic activities and outcomes of a person or entity.
Purchasing Power
The value of a currency expressed in terms of the amount of goods or services that one unit of money can buy.
Heckscher-Ohlin Theory
An economic theory stating that countries will export products that utilize their abundant and cheap factor(s) of production and import products that require resources that are rare or expensive domestically.
Factor Endowments
The quantities of various resources a country possesses, which can affect its comparative advantage in international trade.
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