Examlex
What is seafloor spreading and plate tectonics? How does seafloor spreading and plate tectonics connect previous theories of the movement of continents?
Protectionism
An economic policy of restricting imports from other countries through methods such as tariffs and quotas to protect domestic industries.
Frederic Bastiat
A French economist and writer known for his advocacy of free markets and his critique of protectionism.
World Trade Organization
An international body that oversees global trade rules between nations, aiming to ensure trade flows as smoothly, predictably, and freely as possible.
Multinational Corporations
Large companies that operate and have assets in several countries, allowing them to produce and sell goods and services across national borders.
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