Describe the Supply Chain of Your University

question 18

Short Answer

Describe the supply chain of your university. Be sure to include all three segments.

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Definitions:

Balance Of Trade

The difference between a country's exports and imports of goods and services, indicating whether a country has a trade surplus or deficit over a specific period.

Trade Deficit

A situation where the value of a country's imports exceeds the value of its exports.

Exports

Goods or services sold by a country to buyers in another country.

Imports

Products or services imported from foreign countries for the purpose of selling.