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Explain how trade barriers affect the exchange rates in the long-run.
Good Faith and Fair Dealing
An implied contractual obligation to act honestly and fairly towards the other party, avoiding taking unfair advantage in a transaction.
Franchise Territory
The specific geographic area granted to a franchisee by the franchisor in which to operate and market the franchised business.
Franchise Termination
The legal ending or discontinuation of a franchise agreement, often involving specific conditions or procedures.
Court Determination
A formal decision or judgment made by a court following a legal proceeding.
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