Examlex
Consumer surplus is the difference between the most a person is willing to pay and market price.
Foreign Supplier
An overseas entity that provides goods or services to another company or organization within a different country.
Home Market
The domestic marketplace where goods and services are bought and sold within a country.
Dumping
The practice of selling goods in a foreign market at a price that is below the cost of production or below the price in the home market, often considered an unfair trade practice.
Government Subsidies
Financial assistance provided by the government to individuals, organizations or industries to support or promote economic and social policies.
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