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Daigou (Chinese: 代购 [2]; pinyin: dàigòu; lit. 'surrogate shopping') [1] [3] [4] is an emerging form of cross-border trade [5] [6] [2] in which an individual or a syndicated group of exporters [5] outside China purchases commodities (mainly luxury goods, but sometimes also groceries such as infant formulas) for customers in China.
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 ...
The dictionary is not based on the Oxford English Dictionary (OED) – it is a separate dictionary which strives to represent faithfully the current usage of English words. The Revised Second Edition contains 355,000 words, phrases, and definitions, including biographical references and thousands of encyclopaedic entries.
Wordnik, a nonprofit organization, is an online English dictionary and language resource that provides dictionary and thesaurus content. [1] Some of the content is based on print dictionaries such as the Century Dictionary, the American Heritage Dictionary, WordNet, and GCIDE.
The earlier term for the discipline was "political economy", but since the late 19th century, it has commonly been called "economics". [22] The term is ultimately derived from Ancient Greek οἰκονομία (oikonomia) which is a term for the "way (nomos) to run a household (oikos)", or in other words the know-how of an οἰκονομικός (oikonomikos), or "household or homestead manager".
China is likely to take a hard-line approach, letting TikTok's U.S. operations die rather than approving a sale, as it holds out for a "grand deal" with Trump's administration that includes larger ...
James Stuart (1767) authored the first book in English with 'political economy' in its title, explaining it just as: . Economy in general [is] the art of providing for all the wants of a family, so the science of political economy seeks to secure a certain fund of subsistence for all the inhabitants, to obviate every circumstance which may render it precarious; to provide everything necessary ...
A secret tunnel discovered last week on the U.S.-Mexico border will be sealed by Mexican authorities, an army official in Ciudad Juarez said Saturday.
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