Examlex
In order to get around the need for Senate approval of treaties, many contemporary presidents have made use of ________ in foreign affairs.
Adam Smith
A Scottish economist and philosopher, considered the father of modern economics, best known for his work "The Wealth of Nations."
Efficient
The characteristic of maximizing output or effectiveness with the least waste of time, resources, or effort.
Opportunities
Chances or circumstances that allow for growth, development, or success in various areas such as business, personal life, or education.
Marginally Optimal
Describes an economic decision where the marginal benefit from the last unit of good or service consumed or produced is equal to its marginal cost.
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