Examlex
The present value of an annuity is the sum of the present values of each cash flow.
Equilibrium Price
The market price at which the supply of an item matches demand, resulting in stable prices and volumes traded.
Per-unit Tariff
A fixed fee imposed by a government on each unit of imported or exported goods.
Tariff Revenue
Income that a government receives from imposing duties on imported goods.
Foreign Producers
Companies or individuals that manufacture or provide services in one country for consumption in another country.
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