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Economic Terms for International Trade

Horizontales
Products produced and consumed in the same country.
The loss of a potential gain from an alternative choice.
The total value of goods produced and services provided in a country during one year.
The ability of an individual or group to carry out a particular economic activity (such as making a specific product) more efficiently than another activity.
The ability of an individual or group to carry out a particular economic activity more efficiently than another individual or group
The dependence of two or more people or countries on each other.
Becoming expert in a particular skill.
The total value of goods produced and services provided by a country during one year, equal to the gross domestic product plus the net income from foreign investments.
Verticales
Process businesses use to make decisions.
Sending resources/goods to another country.
Products assembled, manufactured and completed in another country.
Something brought into a country from another country.