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Equilibrium
Equilibrium is a state in which market supply and demand balance each other, and as a result, prices become stable.
Tax on Imports
Levies placed by a government on goods coming into the country, often used to protect domestic industries or generate revenue.
Tariff
A tax imposed by a government on imported goods, often used to protect domestic industries and regulate trade balances.
Legal Limit
The maximum or minimum boundary set by law, such as for speed on roads, alcohol consumption, or transaction amounts.
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