Examlex
The high entry barriers in a given industry:
Foreign Producers
Manufacturers or producers located in a country or jurisdiction different from where their products are sold or consumed.
Wage Increases
Adjustments or rises in the amount of money that workers are paid for their labor, often seen as a reflection of economic growth or inflation.
Real Wages
Wages adjusted for inflation, representing the purchasing power of the income received by workers.
U.S. Automobile
Vehicles manufactured by companies based in the United States, typically referring to cars and trucks.
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