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export-dependent

 

Definitions from the Web

Export-Dependent

Definition: Export-dependent refers to a situation or economy heavily reliant on the export of goods or services.

Examples:

  • As an export-dependent nation, the country heavily relies on foreign markets for its economic growth.
  • The export-dependent industry witnessed a decline due to a decrease in international demand.
  • Being export-dependent has its advantages and disadvantages, as fluctuations in the global market can significantly impact the economy.

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