Examlex
Describe and give an example of the two naming errors that children make when learning new words. When do these errors occur? When do these errors go away?
Export Subsidy
An export subsidy is a government policy to encourage export of goods and discourage sale within the domestic market, by providing financial assistance or tax relief.
Domestic Price
The price of a good or service within a country; this can be influenced by tariffs, taxes, and supply and demand.
Free Trade
An economic policy that allows imports and exports between countries with minimal or no tariff barriers.
Competition
The rivalry among businesses to attract customers, which can lead to improvements in products, services, and prices.
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