Examlex
Conflicts within a society can be resolved by
Quotas
Restrictions imposed by a government on the quantity of a good that can be imported or exported during a specific period.
Tariffs
Taxes imposed by a government on imported goods to protect domestic industries or raise revenue.
International Trade
The exchange of goods, services, and capital between countries and territories.
Economically Advanced
Describes countries or regions with high levels of income, sophisticated infrastructure, and a diverse economy, often synonymous with developed countries.
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