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DISCREPANCY is a difference between conflicting facts or claims or opinions. In import / export, it is situations relating to official documents that are presented that do not conform to what is required within the Letter of Credit.
SUPPLY AND DEMAND, in economic theory, the law of supply and demand is considered one of the fundamental principles governing an economy. It is described as the state where as supply increases the price will tend to drop or vice versa, and as demand increases the price will tend to increase or vice versa. Basically this is a principle that most people intuitively grasp regarding the relationship of goods and services against the demand for those goods and services.
When supply and demand are in balance, the economy is said to be in equilibrium between price and quantity.
MONETARY is anything pertaining to or having to do with money, money creation, money supply, and the government management of money.
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