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Abstract

One of the foundations of contemporary economic systems is that expertise can create value. Based on this notion, it follows that economic efficiency results if every person does what he or she does best. Preferences, competencies, and resource capacity in the world of economics and trade drive these choices. In humanitarian pursuits, the trade aspects are less clear, and the financial aspects are less relevant, but the efficiencies gained from applying limited resources to a global crisis are still clear and relevant.

 

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