Examlex
What is a recognition algorithm?
Importer or Exporter
An importer or exporter refers to a company or individual engaged in the international trading of goods and services, bringing products into or sending products out of a country.
World Price
Global pricing for goods or services, influenced by the interplay of supply and demand on an international scale.
Total Surplus
The sum of consumer surplus and producer surplus in a market, representing the total benefits to society from the production and consumption of goods and services.
Exports
Items or services manufactured in one nation and marketed to purchasers in another.
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