Examlex
What are transactions costs? Why do transactions costs create difficulties in finding a private solution to the problem of pollution?
Economic Arguments
Debates or discussions centered on economic theories, principles, or effects of policies, often regarding fiscal matters such as taxation, spending, and regulation.
Shareholder Democracy
The concept that a company's direction should be influenced by its shareholders, often through voting on corporate matters based on the number of shares owned.
World Trade Organization
An international organization established to supervise and liberalize international trade, facilitating negotiation and enforcement of trade agreements among member countries.
North American Free Trade Agreement
A treaty among Canada, Mexico, and the United States that eliminated most tariffs and trade barriers between the countries, aiming to increase economic integration.
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