Technological capabilities
Economic growth
Specialize
Trade dispute
Economic competitiveness
Foreign exchange reserves
Global economy
Natural resources
Trade imbalance
Exchange
When one country feels that its trade partners are not following fair trade practices or are imposing tariffs or other trade barriers on its products
A situation in which a country imports more goods and services than it exports, leading to a deficit in its balance of trade.
The economic system that includes all countries and their interactions.
An increase in the capacity of an economy to produce goods and services.
Materials or substances that occur naturally within an environment and can be used for economic gain.
The ability of a society or organization to develop and use technology
The act of giving something and receiving something of the same value in return.
To focus on or be an expert in a particular area or field.
The ability of a country to produce goods and services that can compete with those of other countries or regions in terms of price and quality.
The foreign currency deposits held by a central bank or other monetary authority.