Examlex
It's best to end a bad-news message on a positive note.
Tariffs
Taxes or duties imposed on imported goods to make them more expensive compared to domestic goods, often used to protect local industries.
Trade Balance
The difference in value between a country's imports and its exports; a surplus indicates more exports than imports, and a deficit the opposite.
Currency
The paper bills and coins in the hands of the public.
Open-Economy Macroeconomic Model
A framework used in economics to analyze and understand the behaviors and interactions of economies that engage in international trade and finance.
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