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Also called resource cost advantage. The ability of a party (whether an individual, firm, or country) to produce a greater quantity of a good, product, or service than competitors using the same amount of resources. absorption The total demand for all final marketed goods and services by all economic agents resident in an economy, regardless of the origin of the goods and services themselves ...
In any technical subject, words commonly used in everyday life acquire very specific technical meanings, and confusion can arise when someone is uncertain of the intended meaning of a word. This article explains the differences in meaning between some technical terms used in economics and the corresponding terms in everyday usage.
Intransparency in translation can be avoided somewhat by use of Latin legal terminology, where possible, but in non-western languages debates are centered on the origins and precedents of specific terms, such as in the use of particular Chinese characters in Japanese legal discussions. [1] Intransparency can lead to expensive misunderstandings ...
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As pointed out by Sandro Nielsen in 1994, law dictionaries can serve various functions. The traditional law dictionary with definitions of legal terms serves to help users understand the legal texts they read (a communicative function) or to acquire knowledge about legal matters independent of any text (a cognitive function) – such law dictionaries are usually monolingual.
The Road House star, 43, recently spoke to The Hollywood Reporter about how he's used his legal blindness in his acting. Gyllenhaal has been wearing intensive corrective lenses since he was about ...
For example, translation of a legal text requires not only fluency in the respective languages but also familiarity with the terminology specific to the legal field in each language. [49] While the form and style of the source language often cannot be reproduced in the target language, the meaning and content can.
Jake Gyllenhaal is opening up about how being legally blind has impacted his career. The actor, 43, shared with The Hollywood Reporter that he’s found his blindness to be “advantageous ...