loculation. Definitions: 1. A loculate region in an organ or tissue, or a loculate structure formed between surfaces of organs, mucous or serous membranes, and so on. 2. The process that results in the formation of a loculus or loculi. The definition information for loculation is provided by Stedman's.
Competitive markets, sometimes referred to as perfectly competitive markets (or perfect competition), have three specific features. The first feature is that a competitive market consists of a large number of buyers and sellers that are small relative to the size of the overall market.
While competitiveness is understood at a macro-scale, as a measure of a country's advantage or disadvantage in selling its products in international markets. Trade competitiveness can be defined as the ability of a firm, industry, city, state or country, to export more in value added terms than it imports.