Examlex
Translate the following into standard form A, E, I, or O sentences:
A: All S are P (universal affirmation)
E: No S are P (universal negation)
I: Some S are P (particular affirmation)
O: Some S are not P (particular negation)
-Quite a few hippies attended the concert.
Tariff
a tax imposed on imported goods and services, intended to make foreign commodities less price-competitive than domestic goods.
Imports
Imports are goods and services bought by residents of a country from another country, which results in an outflow of currency to foreign markets.
Domestic Consumers
Individuals or entities within a country that purchase goods and services for personal use.
Comparative Advantage
The ability of an entity to produce a good or service at a lower opportunity cost than another.
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