Examlex
A technological application that uses biological systems or living organisms to make or modify products or processes for specific use is called:
Quotas
Limits set on the quantity of goods that can be imported or exported during a given time frame, often to protect domestic industries.
European Union
A political and economic union of 27 member states that are located primarily in Europe, aimed at fostering economic cooperation and integrating its members' economies.
Tariffs
Taxes imposed on imported goods, often used to protect domestic industries from foreign competition or to generate revenue.
Imported Bananas
Refers to bananas that are grown outside of the market country and then brought in through the importation process.
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