Examlex
To conclude that the relationship between two variables is causal,there must be an association between the two variables.The presumed cause must precede the presumed effect,and when a control variable is introduced the original association must disappear.
Quotas
Limits set by governments on the quantity of a good that can be imported or exported during a specific time period, often used to protect domestic industries.
Offshoring
Refers to the practice of relocating business operations or processes to another country, typically to reduce costs.
Exporting Jobs
The practice of relocating jobs and production facilities from one country to lower-cost or more efficient locations abroad, affecting the labor market in the country of origin.
Importing Products
Activities involving the bringing of goods or services from a foreign country into a domestic market.
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