Examlex
The power of eminent domain enables a private citizen to sue neighbors for any kind of nuisance.
Per-Unit Tariff
A specific tax levied on each unit of a good imported into a country, as opposed to a percentage of the value.
Imported Good
A product or service brought into one country from another country in a legitimate fashion, typically for use in trade.
Domestic Consumers
Domestic consumers refer to individuals and households within a country who purchase goods and services for personal use, contributing to the internal demand of the country's economy.
Net Welfare Loss
The loss in social welfare, usually due to inefficiencies in the market system or government intervention policies that lead to misallocation of resources.
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