Examlex
Solve the nonlinear system of equations.
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Declining Industries Argument
The notion that certain sectors of the economy may experience a reduction in demand and productivity, leading to a downturn in those industries.
Foreign Competition
The competition that domestic companies face from companies located in other countries.
Dumping
The act of selling a product in a foreign market at a price below its cost of production or below the price in the home market, often considered unfair trade.
Commodity
A fundamental product utilized in trade that can be exchanged for others of its kind.
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