The following table shows the 2008 balance of payments statement for Transylvania.All figures are in billions of dollars.
-Refer to the above data.In 2008 Transylvania imported more products than it exported.
Definitions:
Congeneric Merger
A type of merger between companies in related industries or sectors, aimed at diversification or enhancing competitive strengths.
Horizontal Merger
A business consolidation that occurs between firms operating in the same industry, often as competitors.
Vertical Merger
A merger between two companies that operate at different stages of the production process for a specific finished product.
Tire Manufacturer
A company specialized in the production and sale of tires for various vehicles, including cars, trucks, and bicycles.
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