Examlex
Cisco developed a carburetor for automobiles, which he called the "CiscoCarb." He advertised the carburetor in a national automobile magazine in a full-page advertisement under a caption that read: "Proven Performance-80 kilometres to a litre of gas in any car." The advertisement offered the carburetor for $100 on a 30-day, money back guarantee. For the Crown to successfully obtain a conviction against Cisco under the Competition Act, it must prove that the goods do not perform as claimed, and that Cisco was responsible for the misleading advertisement.
Tonnage
A measurement of weight or volume used to quantify cargo, shipping capacity, or displacement of ships, traditionally measured in tons.
Production Possibility Frontier
A curve depicting all maximum output possibilities for two or more goods given a set of inputs (resources), representing the trade-offs of choosing one good over another.
Gains From Trade
The benefits obtained by countries or individuals from engaging in international trade, allowing for specialization and more efficient production.
Fewer Resources
A decrease in the availability of inputs required for production or consumption, often leading to increased competition or prices.
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