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Agricultural Subsidies
Financial assistance granted by the government to farmers and agribusinesses to supplement their income, manage the supply of agricultural commodities, and influence the cost and supply of such commodities.
Trade Deficit
A trade deficit occurs when a country's imports of goods and services exceed its exports, leading to a negative balance of trade.
Protectionist Trade Policies
Measures implemented by a government to restrict or regulate international trade, with the aim of protecting domestic industries from foreign competition.
Japan
An East Asian island country known for its technological advancements and rich cultural heritage.
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