Examlex
Empathy means that when a customer has a problem that the service provider relates with,the company does what is best for the company.
Exchange Rate
The value of one currency expressed in terms of another, determining how much of one currency can be exchanged for another.
Leading Import
The most significant or highest-valued good or service that a country imports from another country.
Comparative Advantage
The ability of an entity to produce a good at a lower opportunity cost than another entity, leading to potential gains from trade.
Absolute Advantage
The ability of an individual, company, or country to produce a good or service more efficiently than competitors, using the same amount of resources.
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