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A Combination in Which the Whole Is Greater Than the Sum

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A combination in which the whole is greater than the sum of its component parts refers to:


Definitions:

Standard of Living

The level of wealth, comfort, material goods, and necessities available to a certain socioeconomic class in a certain geographic area.

North American Free Trade Agreement

An agreement among the United States, Canada, and Mexico designed to remove tariff barriers between the three countries, promoting trade.

Joint Output

The production of more than one product or service from a single production process or operation.

Quota

A quota is a government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specified time period.

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