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"The French monarchy was absolute, but not absolute enough." What is the meaning of this statement, and does it contribute to an understanding of why revolution broke out in France and not elsewhere?
World Price
The international market price of a good or service, influenced by global supply and demand conditions.
Domestic Quantity
The total amount of a goods or services produced and consumed within a country's borders.
Trade
The exchange of goods, services, or both between parties, usually on the basis of comparative advantage.
Absence of Trade
A situation or condition in which there is no exchange of goods or services between people or entities.
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