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In 1998,the Foreign Trade Term Most Favored Nation Was Changed

question 76

Multiple Choice

In 1998,the foreign trade term most favored nation was changed to what?


Definitions:

Systematic Risk

Systematic risk refers to the overall market risk that cannot be eliminated through diversification, affecting all investments to some extent.

Trade Deficit

A situation where a country's imports of goods and services exceed its exports, leading to a negative balance of trade.

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