Examlex
What are the different types of fossils and how do they form?
Recession
A period of temporary economic decline during which trade and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters.
Direct Competition
A situation in which products that perform the same function compete against one another. Also called category competition or brand competition.
Primary Competition
Direct competitors offering similar products or services within the same market or industry, targeting the same customer base.
WTO
The World Trade Organization, an international body that regulates global trade rules among nations.
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