Examlex
Marketing strategies are implemented by functions such as
Trade Deficit
A situation where a country's imports exceed its exports during a specific period, leading to a net outflow of domestic currency to foreign markets.
Net Exports
The value of a country's total exports minus its total imports; a measure of a nation's foreign trade balance.
Exports
Goods or services produced in one country and sold to buyers in a foreign country.
Adam Smith
An 18th-century Scottish economist and philosopher, best known for his theories on free market economics and the 'invisible hand' concept.
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