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Average payment period can be calculated as accounts payable divided by average purchases per day.
Labor Force
The total number of people employed or actively looking for employment in an economy.
Export-Promotion Strategy
An economic policy aimed at encouraging domestic producers to export goods, typically through government support measures like subsidies, tax incentives, or easing regulatory requirements.
Import-Substitution Strategy
An economic policy aimed at reducing foreign dependency by local production of industrialized products.
Capital Available
The amount of financial resources a company or individual has available for investment or spending purposes.
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