Examlex
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Domestic Demand
The total demand for goods and services within a country, excluding external trade.
World Price
The price at which goods are traded internationally, determining how much a product costs across different countries.
Free Trade
Free trade is the unrestricted exchange of goods and services between countries without tariffs, quotas, or other trade barriers.
Domestic Supply
Refers to the total amount of goods and services produced within a country's borders, available for domestic consumption and export.
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