Examlex
Provide a stepwise synthesis for the following.
Cream Skimming
The practice of selectively choosing the best or most profitable customers, clients, or opportunities, often leaving less desirable ones for others.
Import Substitution
A development strategy that emphasizes domestic manufacturing of products that were imported.
Consumer Surplus
The difference between the total amount that consumers are willing and able to pay for a good or service and the total amount they actually pay.
National Security
National security involves the safety and defense of a nation, including its citizens, economy, and institutions, protected against threats ranging from terrorism to foreign invasions.
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