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Janie is taking an exam in her history class. On the exam there is a question that asks her to state and discuss the five major causes of the Trans-Caspian War (whatever that was!) . Janie remembers four of them. She knows there is a fifth, but time is up. As Janie is walking down the stairs, all of a sudden, she remembers the fifth point, but it is too late. Janie had a problem with _____________
Authorized Channels
Officially approved and recognized paths or mediums through which products or information are distributed, ensuring legitimacy and compliance with regulations.
Protectionism
A government policy aimed at restricting international trade to protect domestic industries from foreign competition.
Trade Feedback Effect
A phenomenon where an increase in exports leads to an increase in national income and thus an increase in imports.
Countertrade
An exchange of goods or services for other goods or services without using a medium of exchange, such as money.
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