Examlex
Web servers are software programs that run on a database tier computer.
Trade Deficit
A situation where a country's imports exceed its exports, resulting in a negative balance of trade.
Managed-Floating System
A foreign exchange policy whereby a country's central bank intervenes to control its currency value within certain limits, while still allowing the currency value to fluctuate in response to market forces.
Current Account Deficit
A situation where a country's total imports of goods, services, and transfers exceed its total exports, indicating it is spending more on foreign trade than it is earning.
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