Examlex
Select the letter of the correctly spelled word in each pair.
-___________________
Free-Trade Area
A region where member countries agree to eliminate tariffs and other barriers to trade in goods and services amongst themselves.
Trade Barriers
Measures implemented by countries to regulate or limit international trade, including tariffs, quotas, and non-tariff barriers.
Globalization
The process of interaction and integration among people, companies, and governments worldwide, often resulting in increased interconnectedness and interdependence.
Offshoring
The relocation of a business process or operation from one country to another, typically for lower costs or other strategic benefits.
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