Examlex
What is the function of a touch-sensitive pad on a portable media player?
Consumer Surplus
The variance between the amount buyers are ready to spend on a good or service and the amount they actually pay.
Tariff
A tax imposed by a government on goods and services imported from other countries to regulate trade and protect domestic industries.
Sugar
A sweet-tasting, soluble carbohydrate found in many plants, widely used as a sweetener in food and beverages.
Import Quota
A restriction by a country on the quantity of a good that can be imported over a given period.
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