Accounting, Business Studies and Economics Dictionary

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Accounting, business and economics dictionary - X

X - Exports; the value of all domestic production sold abroad.

XBRL - eXtensible Business Reporting Language. It is one of a family of "XML" languages which is a means of communicating information between businesses and on the internet.

X-inefficiency - The use of resources at a lower level of productivity than is possible, even if they are allocated efficiently, so that the economy is at a point inside its production possibility boundary.

X-M - See net exports.

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