Examlex
Itemized deductions and the standard deduction are deductions from AGI but the deduction for qualified business income is a deduction for AGI.
Foreign Investments
Investments made by individuals, companies, or governments in assets or business ventures in another country.
Charitable Donations
Financial or material contributions made to non-profit organizations or causes without expecting anything in return.
Unfavorable Balance
A situation where a country imports more than it exports, resulting in a trade deficit.
Balance of Trade
The difference in value between a country's imports and exports over a given period, indicating trade surplus or deficit.
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