Examlex
Write the word or phrase that best completes each statement or answers the question.
-For the geometric sequence 64, 16, 4, 1, ... , find an.
World Trade Organization
An international organization that regulates trade between nations to ensure that trade flows as smoothly, predictably, and freely as possible.
International Trade Agreements
Treaties in which a country promises to engage in less trade protection against the exports of other countries in return for a promise by other countries to do the same for its own exports.
Autarky
An economic condition or system in which a country is self-sufficient and does not engage in international trade.
Consumer Surplus
The gap between the maximum sum consumers are ready to pay for a product or service and the sum they ultimately spend.
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