Examlex
Which of the following replaced the General Agreement on Tariffs and Trade (GATT) ?
Public Sector
Part of the economy that is controlled by the government, including all public services and government-owned entities.
Principal-Agent Problem
A dilemma in which one party (the agent) may not act in the best interest of another party (the principal) who has delegated some decision-making authority to the agent.
Political Process
The set of activities involved in the acquisition and exercise of power within a governmental or organizational setting.
Voters' Interest
The concerns or benefits that motivate individuals to participate in political activities, including voting.
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