Examlex
To some extent, English has become the default language of global business.
Trade Deficit
A trade deficit occurs when a country imports more goods and services than it exports, resulting in a negative balance of trade.
Trade Deficit
A situation where a country's imports exceed its exports during a given time period, indicating a net outflow of domestic currency to foreign markets.
Trade Deficit
A situation where a country's imports of goods and services exceed its exports.
Excise Tax
A tax imposed on specific goods, services, and activities, such as gasoline, tobacco, and alcohol, often used to discourage their use and generate revenue.
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