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A polynomial regression model is specified as:
Protectionism
Economic policy of restricting imports from other countries through methods such as tariffs and import quotas, to protect domestic industries.
Economics in Practice
Application of economic theories and principles to real-world scenarios and situations.
Tariff
A tax imposed on imported goods and services, which can be used to restrict trade, as they increase the cost of imported goods and services, making them more expensive to consumers.
French Economy
Refers to the economic conditions, structures, and trends within France, including its economic policies and performance.
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