Examlex
The use of a specialized third-party trading house in a countertrade arrangement is known as
Poverty Threshold
The minimum level of income deemed necessary to achieve an adequate standard of living in a given country or area.
Minimum Annual Income
The lowest yearly income deemed necessary for a person or family to meet their basic living expenses.
Necessities
Necessities are basic needs or essential items required for living, such as food, clothing, and shelter.
Ability-To-Pay Principle
A taxation principle that suggests taxes should be levied according to an individual or entity's ability to afford them, often implying higher taxes for those with higher income.
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