Examlex
The ERV is limited in clinical usefulness.It may be reduced in all of the following cases except:
Privatization
The process of transferring ownership of a business, enterprise, agency, public service, or public property from the government to private individuals or organizations.
Export Promotion
Strategies and policies aimed at encouraging the export of goods and services in order to improve a country’s trade balance and foster economic growth.
Infant Industries
New or emerging sectors or businesses that may not yet be competitive on a global scale and are often protected or supported by government policies until they can compete internationally.
Protected Market
A market shielded from foreign competition by tariffs, quotas, or other trade barriers to protect domestic industries.
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