Examlex
Today, managers favor this approach instead of work specialization.
Free Foreign Trade
The exchange of goods and services across international borders or territories without the imposition of restrictions such as tariffs, quotas, or other barriers.
Trade Deficit
A situation where a country's imports of goods and services exceed its exports, indicating more money leaving the economy than entering it.
Exports
The act of selling goods or services produced in one country to other countries.
Trading Partner
An entity with which a company conducts commerce, involving the exchange of goods, services, or information.
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