Examlex
According to purchasing-power parity theory, the nominal exchange rate between the U.S. and another country should equal the U.S. price level divided by the price level in the foreign country.
Domestic Industries
Industries that produce goods or services within a country’s borders, serving the local economy.
National Industrial Recovery Act
A 1933 U.S. law aimed at boosting economic recovery during the Great Depression by regulating industry standards and promoting fair wages and hours for workers.
Industrial Output
The total volume of products and services produced by the manufacturing sector of an economy.
Legislation
Laws or statutes enacted by a legislative body to regulate, authorize, sanction, grant, declare, or restrict various activities.
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