Examlex
The purchase of less than 10 percent of the shares of ownership in a foreign company is referred to as a
Current Account
An account of a country’s exports and imports of goods, services, and income.
Balance of Trade
The difference between the monetary value of a nation's exports and imports over a certain period. A positive balance means more goods were exported than imported, and vice versa.
World Trade Organization
An international body that deals with the rules of trade between nations, aiming to ensure trade flows as smoothly and predictably as possible.
Multilateral Forum
A platform where three or more countries engage in dialogue and collaboration on issues of common interest.
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