Examlex
The value of Z is computed by the formula: Z = (X - µ)/ơ.
Tariff Revenues
Income that governments earn from imposing taxes on the import and export of goods.
Export Subsidy
An export subsidy is a government policy to encourage export of goods and discourage sale within the domestic market, by providing financial assistance or tax relief.
Domestic Price
The price of a good or service within a country; this can be influenced by tariffs, taxes, and supply and demand.
Free Trade
An economic policy that allows imports and exports between countries with minimal or no tariff barriers.
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