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The first discussion of comparative advantage appears in a book written by
Security Prices
The monetary value assigned to a security (such as a stock, bond, or derivative) in a marketplace, determined by supply and demand dynamics.
New Information
New information refers to previously unknown data or insights that become available, often affecting decision-making, market movements, or scholarly research.
Market Breadth
An indicator used to gauge the number of stocks advancing versus those declining, providing insights into the overall health and direction of the market.
NYSE
The New York Stock Exchange, one of the world's largest stock exchanges, where stocks of publicly-held companies are traded.
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