Examlex
How does the environment of Eastern Europe compare to that of Western Europe?
Tariffs and Quotas
Government-imposed taxes on imported goods (tariffs) and limits on the quantity of imports (quotas) to protect domestic industries.
Private Capital
Funds or assets owned by individuals, companies, or investors, not by the government or public entities.
World Bank
An international lending institution that offers financial aid and grants to the governments of developing countries for capital project initiatives.
Economic Growth
An increase in the production of goods and services in an economy over a period of time, typically measured by the rise in real GDP.
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