Examlex
The textbook refers to the following quotation from a Federal Reserve publication: "Trade is a win-win situation for all countries that participate." But many firms and workers oppose free-trade policies and protests against globalization have become a regular occurrence at meetings of the World Trade Organization.If trade is a "win-win" situation,why is there strong opposition to free trade and globalization?
Conditional Contract
An agreement where the obligations or terms are only to be fulfilled if certain conditions are met.
Condition Concurrent
A situation in a contract wherein the parties involved must perform their respective obligations at the same time.
Washing
Typically refers to cleaning something by immersing and agitating it in water or another liquid.
Conditional Contract
An agreement that becomes enforceable only after certain conditions are met or fulfilled.
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