Examlex
The contents of the active cell always appear in the Formula Bar.
Offshoring
The relocation of a business process or operation from one country to another, typically to leverage lower labor costs.
Specialization
The process by which individuals, businesses, or countries focus on producing a limited range of goods or services to gain greater efficiency and productivity.
Trade Barriers
Measures such as tariffs, quotas, and regulations implemented by governments to control international trade and protect domestic industries.
NAFTA
The North American Free Trade Agreement, a treaty between the United States, Canada, and Mexico that eliminated most tariffs and trade barriers between the countries.
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