Examlex
The ________ cycle theory states that only unexpected fluctuations in aggregate demand bring fluctuations in real GDP around potential GDP.
Foreign Students
Students who pursue their education in a country different from their country of citizenship, often for higher education.
Trade Balance
The variance in value between a country's imported and exported goods and services.
WTO
The World Trade Organization is a global entity responsible for managing the regulations of trade among countries, striving to facilitate trade that is smooth, predictable, and unrestricted.
European Union
A political and economic union of 27 member states located primarily in Europe, committed to regional integration through common laws and policies.
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