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Resource1. An input to be used in an activity, especially production. 2. A natural resource.Similar MatchesDomestic resource costDomestic resource costA measure, in terms of real resources, of the opportunity cost of producing or saving foreign exchange. It is an ex ante measure of comparative advantage, used to evaluate projects and policies. The term was introduced to the economics literature by Bruno (1963, 1972). Resource boxResource box(or byline) - information contained in a short paragraph at the end of an article. This might contain the author's email address, the author's credentials and qualifications, the URL of the author's website and a description of their business, etc. Natural resourceNatural resourceAnything that is provided by nature, such as deposits of minerals, quality of land, old-growth forests, fish populations, etc. The availability of particular natural resources is an important determinant of comparative advantage and trade in products that depend on them. Natural resources constitute one of the primary factors of production. |
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