Examlex
The theory which suggested that countries would mutually benefit from trade by specializing in export goods they could produce at a lower opportunity cost than another country is called:
Price-Fixing
An agreement among competitors to raise, fix, or otherwise maintain the price at which their goods or services are sold, preventing market competition.
Tying Contracts
Agreements where the sale of one product (the tying product) is linked to the purchase of another (the tied product), often scrutinized under antitrust laws.
Horizontal Mergers
Mergers between companies that operate in the same industry, often leading to consolidation and increased market power.
Social Regulation
Policies intended to protect public welfare, including health standards, workplace safety, and environmental protection, often through government intervention.
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