Examlex
Grant programs in which state and local governments submit proposals to federal agencies and for which funding is provided on a competitive basis are known as __________ grants.
Foreign Goods
Products or services that are produced outside one's own country and are imported for use or sale.
Manufacturing Sector
A segment of the economy dedicated to the production of goods through the processing of raw materials and the use of machinery.
Currency Values
The worth of one form of currency when exchanged for another, often influenced by economic indicators and government policies.
Law Of One Price
Assumption that any given good or service would carry the same price everywhere if allowed free movement across national borders.
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