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John, an organization's HR manager, is making plans to offer training to his employees. To effectively proceed with the training process, John should first
Export Subsidies
Financial assistance grants provided by governments to domestic companies to encourage exports, making their products more competitively priced in the global market.
Import Restraints
Measures applied by countries to limit the quantity of goods that can be imported, such as tariffs and quotas.
Trade Surpluses
A situation where a country's exports exceed its imports, leading to a positive balance of trade.
Balance of Trade
The difference between a country's exports and imports of goods, indicating the net earnings from trade.
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