Examlex
The domestic characteristics of a state that determine how decisions are made regarding war and peace fall within the global level of analysis.
Self-Sufficiency
The ability to fulfill all of one's needs without external assistance.
Merchandise Trade Balance
The difference between a country's exports and imports of tangible goods.
Services Trade Balance
The difference between exports and imports of services of a country, reflecting whether a country is a net provider or consumer of services internationally.
Adam Smith
An 18th-century economist known as the father of modern economics, famous for his theories on free markets and the 'invisible hand'.
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