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The surfaces named contacts #2 and #3 in the following image are examples of
No-Trade Policy
A policy or stance that restricts or prohibits trading certain goods, services, or information between countries or jurisdictions.
Free-Trade Policy
A policy approach that encourages international trade by minimizing or eliminating tariffs, quotas, and other trade barriers between countries.
World Price
The international market price of a good or service, influenced by global supply and demand factors.
Domestic Price
The price at which goods and services are sold within the internal market of a country.
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