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Từ vựng:

grey economy

Giải nghĩa:

/ɡreɪ ɪˈkɒnəmi/ – Phrase


Definition: Hoạt động kinh tế không chính thức.

A more thorough explanation: a UK term describing the part of the economy that is not included in official statistics, usually because it is illegal or semi-legal, and unreported or underreported for tax purposes

Example: We must improve efforts to formalize the considerable grey economy.

 

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