Examlex
Phrenology is notable for the empirical quantification of psychological traits.
Black Market
An illegal trading environment where goods or services are exchanged in violation of government regulations.
Equilibrium
Equilibrium is a state in which market supply and demand balance each other, and as a result, prices become stable.
Tax on Imports
Levies placed by a government on goods coming into the country, often used to protect domestic industries or generate revenue.
Tariff
A tax imposed by a government on imported goods, often used to protect domestic industries and regulate trade balances.
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