Examlex
Norway's correctional system includes a maximum sentence of incarceration of 40 years.
Import
The act of bringing goods or services into one country from another for the purpose of sale.
Compasses
Instruments used for navigation and orientation that show direction relative to the geographic cardinal directions (North, South, East, and West).
Absolute Advantage
The ability of an individual, company, or country to produce a good or service more efficiently than others with the same resources.
Gain From Trade
The benefit that arises from efficient allocation of resources, allowing parties involved to obtain goods or services they desire at a lower opportunity cost.
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