Examlex
Which of the following is NOT an element of good negotiation?
Closed Economy
An economic system that does not interact with other economies in terms of trade, investment, or migration.
Closed Economy
An economic system that does not engage in international trade with outside countries and relies wholly on its own resources.
Loanable Funds
The funds available for borrowing in the financial markets, consisting of savings and sometimes bank loans that are available to be lent to businesses and individuals.
Interest Rate
The rate at which borrowers are charged for accessing assets, specified as a percentage of the original sum borrowed.
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