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Trade That Takes Place Without Interferences Is Known as Free

question 14

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Trade that takes place without interferences is known as free trade.


Definitions:

Society Duty

The ethical obligation or responsibility of individuals and organizations to act for the benefit of society at large, promoting social welfare and fairness.

Crime

An act prohibited by the state; a public wrong.

Exclusive Dealing

A contractual agreement where one party agrees to buy goods exclusively from another, often restricting competition.

Distributor

A person or company that is responsible for supplying goods to retailers or directly to customers.

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