Examlex
An improvement in quality must necessarily increase costs.
Economic Potential
The maximum output an economy can produce without increasing inflation, considering available resources, technology, and workforce skills.
Global South
A term used to describe countries typically situated in the Southern Hemisphere, often associated with lower economic development and historical colonization impacts.
Foreign Direct Investment
A financial commitment by an individual or company from one country into business ventures or the acquisition of assets in a different country, either by forming business operations or purchasing business assets.
China
A country in East Asia, the world's most populous nation, known for its rich cultural history and rapid modern economic growth.
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