Examlex
The president may deploy troops in a state or city without a specific request from the state legislature or governor if the president considers it necessary to maintain an essential national service during an emergency.
Auctioning Off
The process of selling an item to the highest bidder through a competitive bidding process, commonly used for selling goods, property, or services.
Import Quota
A government-imposed limit on the quantity of a specific good that can be imported into a country within a given timeframe.
Specific Tariff
A fixed fee imposed on imported goods based on quantity, such as units, weight, or volume, rather than value.
Ad Valorem Tariff
A tax imposed on imported goods, calculated as a percentage of the value of the imports rather than a fixed rate.
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