Examlex
Internal integration tools
World Price
The international market price of a good or service, determined by global supply and demand, which influences domestic prices and competition.
International Trade
The exchange of goods, services, and capital across international borders or territories, driven by economic motives like gaining access to new markets or acquiring resources.
Unilateral Approach
A strategy or action taken by a single nation or entity independently, without coordination with others.
Free Trade
Free Trade is a policy where governments do not discriminate against imports or interfere with exports, allowing goods to move freely between countries.
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