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A Recurring event is shown as Busy by default._________________________
Mercantilism
An economic theory and practice that promotes government regulation of the nation's economy to increase state power at the expense of rival national powers.
Trade Surplus
A situation where a country's exports exceed its imports over a given period.
Sovereign Country
An independent state that possesses full self-government and is not controlled by another state.
Porter's Diamond Model
A framework for analyzing the competitive advantage nations or regions possess due to four key factors: factor conditions, demand conditions, related and supporting industries, and firm strategy, structure, and rivalry.
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