Examlex
If all countries produce the goods for which they have comparative advantages, all countries benefit with the increased production of goods with no additional resources being used.
Partnership Agreement
A partnership agreement is a legal contract between partners that outlines the terms of the partnership, including roles, responsibilities, and profit-sharing.
Health Club
A facility offering a range of services for physical exercise and wellness, often including equipment, classes, and personal training.
Majority Vote
A voting principle where more than half of the votes cast by individuals entitled to vote are needed to pass a resolution or make a decision.
Unanimous Vote
A voting result where all voters agree and approve a motion, resolution, or proposal without any dissent.
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