Examlex
Which of the following statements is false?
Efficient Industries
Industries that achieve maximum productivity with minimum wasted effort or expense.
Comparative Advantage
The ability of an individual, company, or country to produce a good or service at a lower opportunity cost than competitors, leading to more efficient global production and trade.
Consumer Market
A marketplace for goods and services that are purchased for personal, family, or household use.
Manufacturing Base
The sector of an economy that is involved in the production of goods in large quantities, utilizing labor and machines.
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