Examlex
Which of the following scenarios is more likely to cause a flash flood than a slow-onset flood?
Import Goods
These are products brought into one country from another for sale.
Scarce Factors
Resources that are limited in availability and are constraint to economic production.
Capital
Refers to financial assets or physical resources that are used in producing goods or providing services.
Absolute Advantage
The ability of an individual, company, or country to produce a good or service at a lower cost per unit than others.
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