Examlex
Tariffs are generally higher in developing countries than in developed countries.
American Entrepreneur
An American entrepreneur is an individual in the United States who starts and manages a business venture, taking on financial risks in the hope of profit.
Economic Success
The achievement of desired financial outcomes and growth in an economy, often measured by indicators such as GDP growth, employment rates, and living standards.
Innovator
A person or organization that introduces new ideas, products, or methods, leading to change or development in a particular field.
Production Possibilities Frontier
A curve illustrating the maximum feasible amount of two commodities that a society can produce using all available resources efficiently.
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