Examlex
Decision makers tend to rely on their implicit favorite when:
Misallocation
The inefficient distribution or use of resources in an economy or market.
Domestic Economy
The economy encompassing all economic activities within a country's borders.
Foreign Economies
The economic systems and markets outside of a country's own borders.
Parity Ratio
A measure used to compare the value of one form of a commodity (e.g., agricultural produce) to another, often with respect to trade or exchange rates.
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