Mineral Resources Corporation, a U.S.firm, owns property in Ecuador.The government of Ecuador seizes the property for a proper public purpose and pays Mineral Resources just compensation.This is

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Expropriation is the seizure of privately owned property by a government without the owner's consent, typically for a proper public purpose, and with payment of just compensation. Confiscation involves the government seizing property without providing any compensation, while defalcation implies embezzlement or misappropriation of funds and dumping refers to exporting goods at a cheaper price than the normal value.