Articles under Business Terms

Meaning of International trade

What is International trade   This post explains about International trade.   International trade: International trade is the exchange of capital, goods, and services across international borders or territories. ... In most countries, such trade represents a significant share of gross domestic product (GDP). International trade is the exchange of capital, goods, and services across international borders or territories. It is the exchange of goods and service

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International economics means

  What is International economics   The details about International economics are explained here. International Economics International economics is what it covers tend to depend on the views of the person using the definition. Roughly speaking, it covers economic interactions between countries such as international trade. More precisely, international economics is the field of study that deals with trade between countries. Topics in the Field of Inter

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Inflationary pressures means

Term Inflationary pressures   In this article, the information about Inflationary pressures is explained here. inflationary pressures Inflationary pressures are the underlying causes of inflation. These pressures are the reason that the production of goods increases to meet or exceed consumer demand or that prices increase due to lack of supply. Inflationary pressures cause the economy to adjust as a result of supply and demand. Inflation can also be caused by the di

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What is Inflation effects on economy

Meaning of Inflation effects on economy   The details about Inflation effects on economy are explained here. Inflation: Economics, inflation is a sustained increase in the general price level of goods and services in an economy over a period of time. When the price level rises, each unit of currency buys fewer goods and services; consequently, inflation reflects a reduction in the purchasing power per unit of money – a loss of real value in the medium of exchan

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Meaning of Inefficient economic cost

What is Inefficient economic cost   This post explains about Inefficient economic cost.   Inefficient economic cost         The term inefficiency generally refers to an absence of efficiency. It has several meanings depending on the context in which it is used: Inefficiency Under certain circumstances, firms in market economies may fail to produce efficiently. Inefficiency means that scarce resources are not being

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