Examlex
When you recode an existing variable into different variables:
Stock Market
A public marketplace for buying and selling shares of publicly held companies, reflecting the investment climate and economic health.
Housing Construction
The process of building residential structures such as houses, apartments, and townhomes.
Mercantilism
The incorrect theory that a nation’s economic objective should be to accumulate precious metals in the public treasury; this theory prompted trade barriers to cut imports, but other countries retaliated, reducing trade and the gains from specialization.
Trade Gains
The benefits that countries obtain from engaging in international trade, often reflected in improvements in economic welfare, efficiency, and resource allocation.
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