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Identify and explain three suggestions for effectively dealing with a breakup, whether it is between friends or lovers.
Free Trade
A financial strategy that permits the trade of goods across borders with few governmental limitations or duties.
Protection-As-A-Bargaining-Chip
A strategic use of trade barriers or policies by a country to gain concessions or favorable terms from other countries.
Consumer Surplus
The difference between what consumers are willing to pay for a good or service versus what they actually pay.
Producer Surplus
The difference between the amount producers are willing and able to sell a good for and the actual amount received by them when the good is sold at the market price.
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