Examlex
The holding period return associated with an interest-paying bond is computed by determining the change in the market value of the bond over a particular time period.
Goods
Tangible items that are produced or manufactured and can be bought, sold, or traded.
Services
Intangible products that are produced and consumed at the same time, offering value without transferring ownership.
Free Trade
International trade left to its natural course without tariffs, quotas, or other restrictions.
NAFTA
The North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States that removed tariff barriers between the nations.
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