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the opposite of free trade where restrictions are placed on international trade by import duties and subsidies.
the process by which a firm decides on the level of production and the price that will create...
the stocks of gold bullion and foreign currencies that are held by the SARB.
the amount of satisfaction that consumers get from consuming (using) a good or service.
the quantity demanded or supplied will change depending on changes in the price.
improving the welfare of someone at the expense of the welfare of others.