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Strongly Held Beliefs About Various Topics or Concepts Are

question 98

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Strongly held beliefs about various topics or concepts are:


Definitions:

Trade Surplus

A situation in which a country exports more goods and services than it imports.

GATT Negotiations

Series of negotiations under the General Agreement on Tariffs and Trade aimed at reducing trade barriers and promoting international trade.

Intellectual Property Rights

Legal rights granted to creators and inventors to protect their inventions, literary and artistic works from unauthorized use.

WTO

The World Trade Organization, an international body that deals with the rules of trade between nations, aiming to ensure that trade flows as smoothly, predictably, and freely as possible.

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