Examlex
________ effects of trade agreements are the shifting of resources from inefficient to efficient companies as trade barriers fall.
Principal
The original amount of money loaned or invested, before any interest or profit is added.
Agent
An individual or entity authorized to act on behalf of another, often in a business transaction, representing their interests.
General Partnership
A business arrangement where two or more individuals agree to share in all assets, profits, and financial and legal liabilities of a business.
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