Examlex
Some economists believe the budget deficit is directly linked to the trade deficit through real interest rates and the international value of the dollar.
Vertical Merger
A merger between companies in the same industry but at different stages of production or distribution process.
Horizontal Merger
A horizontal merger is a business consolidation that occurs between firms who operate in the same industry, often leading to synergies, increased market share, and potentially higher market power.
Conglomerate Merger
A merger between firms that operate in entirely different industries, often aimed at diversification and risk reduction.
Trust
A legal arrangement where one party holds assets on behalf of another, or confidence in the reliability and integrity of a person or entity.
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