Examlex
If someone lacks the virtue of kindness, does that necessarily mean that he or she has the vice of cruelty?
Trade
The exchange of goods and services between different parties, often involving the transfer of money and can occur within or across borders.
Market Failure
Refers to a situation where the allocation of goods and services by a free market is not efficient, often justifying government intervention.
Market Prices
The price point at this moment for the sale or purchase of a service or asset.
Externalities
The cost or benefit that affects a party who did not choose to incur that cost or benefit, often not reflected in market prices.
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