Examlex
Intel finds it difficult to hire enough skilled computer engineers.Which economic concept does this statement BEST represent?
Imports
Goods and services purchased from other countries, bringing them into the domestic market for consumption or input into further production.
Exports
Goods or services sold by one country to other countries on the international market.
Gold Standard
A monetary system in which the standard economic unit of account is based on a fixed quantity of gold.
Drawbacks
Drawbacks are disadvantages or negative aspects of a situation, plan, or product that may not make it as favorable as it seems.
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