Examlex
Under the price-adjustment mechanism,trade-deficit nations realize price inflation and a loss of competitiveness while trade surplus nations realize price deflation and an improvement in competitiveness.
Jewelry Store
A retail business establishment specializing in the sale of jewelry, including necklaces, rings, earrings, and bracelets, often offering repair services as well.
Bankruptcy Petition
A formal request filed in court by a debtor seeking relief from unmanageable debts, initiating bankruptcy proceedings.
Consumer Good
A good used or bought for use primarily for personal, family, or household purposes.
Insolvency
A financial state in which an individual or entity is unable to meet its debt obligations or pay its bills as they come due.
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