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The relationship between borrowed reserves,the nonborrowed monetary base,and the monetary base is
Vertical Integration
The expansion of a business by acquiring or establishing control over different stages of its production or distribution processes.
Acquires Suppliers
The process where a company takes ownership of its suppliers to control the supply chain or reduce production costs.
Acquires Distributors
The process by which a company purchases or assumes control over distribution firms to streamline its supply chain and improve market access.
Forward Integration
A business strategy where a company controls the distribution or the supply chain for its products.
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