Examlex
An analysis of data in 35 elections in seven Western countries including Canada found that the personality traits of the party leaders had no effect on voters
Trade Surplus
A situation where a country's exports exceed its imports, leading to a net inflow of domestic currency from foreign markets.
Trade Deficit
A situation where a country's imports exceed its exports during a specific time period.
Absolute Advantage
The capability of a body to generate a product or offer a service with greater efficiency than its rivals, utilizing an identical quantity of resources.
Exchange Rate
The rate at which one currency can be exchanged for another.
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