Examlex
Explain how governments restrict international trade and who benefits as well as who loses from the restrictions.
Market Price
The existing rate at which a product or service is available for purchase or sale in a specific market.
Patent Protection
Legal rights granted to inventors preventing others from making, using, or selling their invention for a limited period.
United States
A country located in North America, consisting of 50 states and a federal district, known for its significant influence on global economy, culture, and politics.
Net Social Gain
The overall benefit to society, measuring the difference between total benefits and total costs when any action or policy is implemented.
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