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PeakThe point in the business cycle when an economic expansion reaches its highest point before turning down. Contrasts with trough.PeakThe high point at the end of an economic expansion until the start of a contraction.Peak Similar MatchesTariff peakTariff peakIn a tariff schedule, a single tariff or a small group of tariffs that are particularly high, often defined as greater than three times the average nominal tariff. GATT-SpeakGATT-SpeakVariation on GATT-think. |
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