Examlex
______________ are reductions from list price that are given by a seller to a buyer who either gives up some marketing function or provides the function himself.
Raise Savings
Encouraging or implementing strategies to increase the amount of money that individuals or entities set aside for future use rather than spending immediately.
NIC
Newly Industrialized Country, referring to nations experiencing rapid economic growth and industrialization.
LDC
Stands for Least Developed Country, a term used to describe countries with severe structural impediments to sustainable development and low per capita income levels.
Industrial Country
Refers to a nation with a developed economy characterized by significant industrial activity, advanced technological infrastructure, and a high standard of living.
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