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A small company can protect itself against the death of important personnel by carrying CGL insurance.
Frederic Bastiat
A 19th-century French economist and writer known for his advocacy of free trade and his witty criticisms of protectionism and socialism.
Adam Smith
A Scottish economist, philosopher, and author, often considered the father of modern economics known for his theories on free markets and the 'invisible hand' guiding economies.
Free Trade
An economic policy that allows imports and exports with little to no government tariffs, quotas, or subsidies, aiming to enhance global economic efficiency.
Balance of Trade
The difference in value between a country's imports and exports over a certain period, indicating how much more goods and services a nation exports than it imports.
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