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The Term Enterprise 2

question 3

True/False

The term Enterprise 2.0 refers to the use of Web 2.0 technologies for government or political purposes.


Definitions:

World Price

The international market price of a good or service, influenced by global supply and demand.

Import

Bringing in merchandise or services from overseas with the intent to sell them within a country.

Opportunity Cost

The cost of forgoing the next best alternative when making a decision, representing the benefits one misses out on by choosing one option over another.

Trade

The exchange of goods, services, or both between individuals, businesses, or countries.

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