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Pierre would like to increase the effectiveness of human resources at his firm. What advice would you give him?
International Trade
The exchange of goods and services between countries, allowing for the expansion of markets and access to resources, goods, and services.
Domestic Supply
The total amount of a product or service that is available for consumption or purchase within a country's borders.
Domestic Demand
The total demand for goods and services within a country, encompassing both consumer and industrial demand.
Tariff Revenue
Income generated by the government from imposing taxes on imported goods, aimed at making foreign products more expensive and protecting domestic industries.
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