Examlex
Why was the WTO,formerly GATT,created?
Compensating Differential
A difference in wages that arises to compensate employees for unpleasant aspects of a job, such as risk of injury or inconvenient work hours.
Eye Surgeon
A medical doctor specializing in the diagnosis and surgical treatment of disorders and diseases of the eye.
International Trade
The exchange of goods and services between countries, across their international borders.
Relative Demand
It refers to the demand for a good or service compared to another, showing how the demand for one product varies as the demand for another changes.
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