Examlex
The table shows a balance of payments statement for Transylvania. All ?gures are in billions of
dollars. Transylvania had a $2 billion balance of trade (goods) surplus in this particular year.
Popular Democracy
A form of governance where the power lies directly in the hands of the people, typically exercised through voting and participation in policy-making.
Epistemological
Relating to the theory of knowledge, especially with regard to its methods, validity, and scope, and the distinction between justified belief and opinion.
Interpretation
The process of explaining or understanding the meaning of something, often used in contexts of law, literature, art, and data analysis.
Elite Democracy
A model of democracy in which a small number of people, usually those who are wealthy or well-educated, influence political decision making.
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