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Developed Countries
Refers to nations with advanced economies, technological infrastructure, and higher standards of living.
Flat World
The concept of a "Flat World" suggests a level playing field in global commerce, where all competitors have equal opportunities, propelled by advancements in technology and globalization.
Global Market
An interconnected marketplace without geographical limits where goods, services, and capital move freely.
Multinational
A corporation that operates in multiple countries, managing production or delivering services in more than one country.
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