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Glossary
  • Absorption
  • Accelerated Tariff Elimination
  • Acceptance
  • Acceptance Letter of Credit
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    ABC Trade in RussiaReason to Invest

    ABC / Absorption

    1. An economic term for the total expenditures by a nation's residents on goods and services.

    2. The assumption by one carrier of the charges of another without any increase in the charges to the shipper.
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