Examlex
A court may hear a case if it has jurisdiction over either the subject matter of the dispute or over the parties in the case.
Opportunity Cost
The loss of potential gain from other alternatives when one alternative is chosen.
Rival Nation
A country that competes with another, often in economic, military, or technological aspects.
Mercantilism
An economic theory and practice that promotes government regulation of the nation's economy to increase state power at the expense of rival national powers.
Trade Surplus
A situation where a country's exports exceed its imports over a given period.
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