Exam (elaborations)
Edexcel (A) A-Level Economics Revision Definitions: Theme 4: A Global Perspective: Detailed and Verified Solutions
- Course
- Institution
Absolute Advantage When a country can produce a good more cheaply in absolute terms than another country. Absolute Poverty When people are unable to afford sufficient necessities to maintain life; those on less than $1.90 a day. Aid When a country voluntarily transfers resources to another or ...
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