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Simplify the rational expression.
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GATT
General Agreement on Tariffs and Trade, a multilateral agreement aimed at reducing trade barriers and promoting international trade.
International Trade
The exchange of goods, services, and capital between countries and territories, driven by the principle of comparative advantage.
Joseph Stiglitz
An American economist and a professor at Columbia University, known for his work on income distribution, risk, and globalization. He is a recipient of the Nobel Memorial Prize in Economic Sciences.
Nobel Prize
International awards given annually in several categories (e.g., peace, literature, physics) to recognize significant contributions or achievements.
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