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<strong>FM</strong> – Federal Need Analysis Methodology, the formula used to calculate the EFC, which is then used to determine a student' s eligibility for the federal financial aid, state aid, and/or institutional aid programs.
comparative advantage (F1)<br />The principle justifying individuals or nations specializing in those economic activ- Thus, England can produce cloth relatively more cheaply than wine and Portugal can produce wine more cheaply than cloth. The countries will both gain by increased specialization in the production of the good for which they have a comparative advantage, even though Portugal has an absolute advantage in the production of both commodities.<br /><em>See also:</em> Heckscher - Ohlin trade theorem; Leontief paradox; Rybczynski theorem; terms of trade
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