Examlex
Listed below are 10 terms,followed by a list of phrases that describe or characterize
the terms.Match each phrase with the number for the correct term.
Domestic Supply
The total amount of a product or service that is produced within a country and available for purchase by the domestic market.
Demand
The quantity of a good or service that buyers are willing and able to purchase at various prices at a given time.
World Price
The international market price at which goods can be bought or sold, often used in the context of trade policies and competition.
Tariff Revenue
is the income generated by a government from the imposition of tariffs, which are taxes on imported goods.
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