Examlex
Expenses incurred in connection with conducting a trade or business activity or in connection with generating investment income are generally deductible,but personal expenses are generally not deductible.
Trade
The exchange of goods, services, or both within and between countries.
Free Flow
The unrestricted movement or circulation of goods, services, people, and information within a system or area.
Goods and Services
Products and activities provided by businesses to satisfy the needs or wants of consumers.
Joint Venture Partners
Entities that come together to engage in a specific business venture, sharing both the profits and risks.
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