TRADING HOUSE
- Anna K.
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A trading house is a business that facilitates monetary transactions between a home country and foreign countries.
TRADING BOOK
- Anna K.
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A trading book is the portfolio held by a brokerage firm or a bank.
TAX BASE
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A tax base is a total amount of assets and/or income that can be taxed by the government.
THEORY OF A FIRM
- Anna K.
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The theory of the firm is a concept in neoclassical economics that states that a firm exists and make decisions only in order to maximize its profits.
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