Examlex
A principal is not generally liable for an agent's crimes.
Industrially Advanced
Describes countries, regions, or businesses that have highly developed and sophisticated manufacturing capabilities and technologies.
Mutually Beneficial Trade
Trade agreements between parties that provide gains or advantages to all involved, enhancing each party's welfare.
Relative Cheaper
The comparison of the cost of one product or service to another, indicating that the former is less expensive.
Labor-Intensive
Describing a process or industry that requires a large amount of labor to produce its goods or services.
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