Examlex
What is the difference between a historian and a sociologist who uses the comparative historical perspective?
Autarky
A financial strategy or condition where a nation is independent and refrains from participating in global commerce.
Free Trade
Trade that is unregulated by government tariffs or other artificial barriers; the levels of exports and imports occur naturally, as a result of supply and demand.
Consumer Surplus
The variance between the amount consumers are ready to pay for a good or service compared to the actual price they pay.
International Trade
the exchange of goods and services across international borders or territories.
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