Examlex
What transactions cost could arise from screening?
Merchandise Trade Deficits
A situation where a country's value of imports of physical goods exceeds the value of its exports.
Protection
In economics, referring to measures like tariffs and quotas that a country uses to shield its domestic industries from foreign competition.
Sentiment
Refers to the general feeling or opinion of individuals or the public about a particular topic, which can influence economic decisions and market trends.
Balance of Trade
The difference between the value of our imports and our exports.
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