Examlex
Which of the following is a disadvantage of mass production?
Trade Surplus
A situation in which a country's exports exceed its imports, leading to a positive balance of trade.
Export
Goods or services sold by a country to another country, contributing positively to the selling country's balance of trade.
C + I + G Curve
An economic model representing the total spending in an economy, comprising Consumption (C), Investment (I), and Government Expenditures (G).
Regressive Tax
A taxation mechanism where the tax rate effectively decreases as the taxable amount (income or assets) increases, placing a higher relative burden on lower earners.
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