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Why Is Iran Considered to Be an Oxymoronic Kind of State

question 23

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Why is Iran considered to be an oxymoronic kind of state?


Definitions:

Equilibrium Price

The market price at which the supply of an item equals the demand for it, leading to a stable market condition.

Black Markets

A market that operates outside the legal system in which either illegal goods are sold or legal goods are sold at illegal prices or terms.

Black Markets

Illicit trade practices where goods or services are sold illegally, either because they are prohibited or to avoid taxation.

Legal Markets

Markets where the trading of goods and services takes place within the framework of laws and regulations established by a government.

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