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This year a country loaned more to the rest of the world than it borrowed from the rest of the world. In addition, the country has invested more in the rest of the world than other countries have invested in it. The country is currently a___________ and also a___________ .
Monopolistic Competitor
A market structure where many firms sell products that are similar but not identical, allowing them for some degree of market power.
Product Promotion
The process of marketing and advertising a product to increase awareness and sales.
Marginal Revenue
The increase in revenue resulting from the sale of one additional unit of a product or service.
Profit-Maximizing
The strategy used by a business to find the optimal price and quantity of production for maximum profit.
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