Examlex
The goal of basic research is simply to learn more about something, while applied research is typically done to solve some real world problems.
Domestic Supply
The total amount of goods and services produced within a country's borders available for consumption or export.
Domestic Demand
The sum of all requests for goods and services in a country.
World Price
The international market price of a commodity, determined by global supply and demand.
Per-Unit Tariff
A fixed fee charged by a government on a specific good imported into the country, assessed on a per unit basis.
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