Examlex
The Application layer of the OSI model is responsible for establishing process-to-process communications between networked hosts.
Domestic Price
The price of goods or services within a country, which may differ from international prices due to tariffs, subsidies, or other domestic policies.
World Price
The global market price of a product or service, determined by worldwide demand and supply.
Infant Industries
New or emerging industries in the early stages of development, often considered needing protection from international competition to grow.
Protectionism
Economic policy of restricting imports from other countries through methods such as tariffs and import quotas, to protect domestic industries.
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