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The word has long been used by Jewish-Americans and in the regional speech of New York City and elsewhere. It is borrowed from Yiddish and is ultimately Slavic in origin. The word may also refer to free promotional items dispensed at trade shows, conventions, and similar commercial events.
Words with specific American meanings that have different meanings in British English and/or additional meanings common to both dialects (e.g., pants, crib) are to be found at List of words having different meanings in British and American English. When such words are herein used or referenced, they are marked with the flag [DM] (different ...
An American 'Buy Fresh, Buy Local' exhibitor. Local purchasing is a preference to buy locally produced goods and services rather than those produced farther away. It is very often abbreviated as a positive goal, "buy local" or "buy locally', that parallels the phrase "think globally, act locally", common in green politics.
Tradio is a type of phone-in radio program formatted to provide a venue for listeners to freely advertise items they have to sell or trade. [1] The concept is analogous to classified ads in local newspapers and most prevalent in the south and midwest. "Tradio" is a portmanteau of "trade" and "radio".
Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
Terms of trade (TOT) is a measure of how much imports an economy can get for a unit of exported goods. For example, if an economy is only exporting apples and only importing oranges, then the terms of trade are simply the price of apples divided by the price of oranges — in other words, how many oranges can be obtained for a unit of apples.
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Commerce is the organized system of activities, functions, procedures and institutions that directly or indirectly contribute to the smooth, unhindered large-scale distribution and transfer (exchange through buying and selling) of goods and services at the right time, place, quantity, quality and price through various channels among the original producers and the final consumers within local ...