Examlex
The method is based on minimum distance or the nearest neighbor rule.
Protectionism
An economic policy where governments impose restrictions on imports to protect domestic industries from foreign competition, often through tariffs, quotas, and other trade barriers.
Currency Exchange Rate
The value of one currency for the purpose of conversion to another.
Country's Currency
The legal tender issued by a country's government, used as a medium of exchange within its economy.
Income Distribution
The way in which total income is shared amongst the population or different groups within society.
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