Examlex
Intensive distribution:
Consumer Surplus
The disparity between the total price consumers are ready and able to pay for a service or product and what they end up paying.
International Trade
The exchange of goods and services between countries, which allows for greater variety of consumption and efficiency in production.
Trade Restrictions
Government-imposed limitations on the exchange of goods and services between countries, including tariffs, quotas, and embargoes.
Free Trade
is a policy followed by some international markets in which countries' governments do not restrict imports from, or exports to, other countries.
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