Examlex
The critical mass is the amount of fissionable material necessary to support a continuing chain reaction.
World Trade Organization
An international organization that regulates international trade and ensures that trade flows as smoothly, predictably, and freely as possible.
Rent-Seeking Activity
Efforts by individuals or firms to gain unfair economic benefits through manipulation or exploitation of the regulatory or political environment, without contributing to productivity.
Tariffs and Quotas
Government-imposed restrictions on trade, where tariffs are taxes on imported goods, and quotas are limits on the amount of goods that can be imported.
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