Examlex
In which of the following cases will centralization of decision making be appropriate?
Exports
Goods or services sold by one country to purchasers in another country.
Imports
Goods or services brought into a country from abroad for sale, which can impact a nation's balance of trade.
Trade Deficit
A situation where a country's imports of goods and services exceed its exports, resulting in a negative balance of trade.
GDP
Gross Domestic Product, the total market value of all final goods and services produced within a country in a given period of time.
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