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Data Definition Involves Describing the Properties of the Data That

question 81

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Data definition involves describing the properties of the data that go into each database table, specifically the ____ that make up the database.


Definitions:

World Price

The price of a good or service on the international market, shaped by the global forces of supply and demand.

Domestic Price

The cost of products or services in a country, affected by domestic demand and supply factors.

Tariff

A tax or duty to be paid on a particular class of imports or exports, often used as a tool for trade policy.

Quota

A government-imposed trade restriction that limits the number or monetary value of goods that can be imported or exported during a specified time period.

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