Examlex
________ have a horizontal and a vertical axis and are used in economics to illustrate relationships between two economic variables.
Economic Potential
The capacity of a product, service, or market to generate significant profits or economic benefits, assessed through factors like market size, demand, and scalability.
Global Market
The international exchange of goods and services that transcends national boundaries, encompassing worldwide economic activities.
Economic Measures
Quantitative indicators used to evaluate the economic performance of a country, region, or sector, such as GDP, unemployment rates, and inflation.
Local Fulfillment
The process of storing and distributing products within close proximity to the end consumer to ensure faster delivery.
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