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External Adjustments
Changes made outside of an organization or economy to align with changes in the external environment, such as market demand or regulatory shifts.
Monetary Policy
A central bank’s changing of the money supply to influence interest rates and assist the economy in achieving price-level stability, full employment, and economic growth.
Trade Deficit
Occurs when a country's imports exceed its exports, leading to a negative balance of trade.
Individual Nations
Refers to sovereign states, each with its own government and political boundaries, recognized in international law.
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