Examlex
Select the correct name for the following.
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Imported Wine
Wine that is brought into a country from abroad for sale.
Production Possibilities Curves
A graphical representation that shows the maximum possible output combinations of two goods or services an economy can achieve when its resources are fully and efficiently utilized.
Trade
The exchange of goods, services, or both between two or more parties, either within an economy or between economies.
Consumption Possibilities
The range of goods and services that can be consumed given a consumer's income and prevailing prices.
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