Examlex
Why do licensing agreements impose restrictions on the licensee? How does licensing enable a firm to opt for a steady stream of royalties rather than risk losing the dominant position of its technology?
Imports
Products or services imported from foreign countries for the purpose of selling.
Trade Deficit
A situation where a country's imports exceed its exports, indicating that it is buying more goods and services from abroad than it is selling.
Exports
Goods or services sold by a country to buyers in other countries, contributing to the exporting country's gross domestic product.
Imports
Items or services transferred into a country from a foreign location to be sold.
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