Examlex
Discuss the various barriers to arms control.To what degree do these factors hinder the progress of controlling weapons proliferation? Cite examples of treaties to support your answer.
Deregulation
The process of reducing or eliminating government oversight and rules in various industries to foster a more free-market environment.
Efficiency Gains
Improvements in the use of resources that allow for more output without increasing the input.
Natural Monopoly
A market condition in which a single firm can provide a product or service at a lower cost than any potential competitors, often due to economies of scale.
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