Please Define the Following Key Terms

question 45

Short Answer

Please define the following key terms
-high tariffs

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Definitions:

National Credit Cards

Credit cards that are accepted within a specific country, which might not be valid for international transactions.

Credit Card Companies

Businesses that issue credit cards and facilitate credit transactions between consumers and merchants.

Receivables Businesses

Companies that specialize in managing and collecting accounts receivable on behalf of other businesses.

Trade Receivables

Trade receivables, also known as accounts receivable, are amounts owed to a business by its customers for goods or services delivered on credit.