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Từ vựng:

black economy

Giải nghĩa:

/blæk ɪˈkɒnəmi/ – Phrase


Definition: Kinh tế đen.

A more thorough explanation: business activity, work, and other forms of income that people do not record so that they can illegally avoid paying tax on it

Example: The main trade body for the construction industry in Wales says the rise in VAT to 20% will feed the black economy.

 

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