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Figure 1.2
Using the figure above, identify the labeled part.
-Label J: ______________________________
Trade Surplus
A situation where a country's exports exceed its imports during a specific time period, indicating a positive balance of trade.
Exchange Control
Refers to the regulation of a country’s currency exchange rate.
Global Business
Commercial activities that occur across national borders, involving the production, distribution, and marketing of goods and services.
Global Market
The international trading environment where goods, services, currencies, and investments are exchanged across borders.