The enlightenment philosopher is most closely associated with the idea that government exists only by the consent of the people is <span>John Locke.
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Explain how absolute advantage and comparative advantage differ. Absolute advantage is the ability to produce a good using fewer inputs than another producer, while comparative advantage is the ability to produce a good at a lower opportunity cost than another producer (reflecting the relative opportunity cost).
The U.S. government openly stated that they would view any European interference in Latin America as "an act of aggression". This was articulated clearly in the Monroe Doctrine, which stated that the US would respond with military force.