Examlex
What are common reasons why price escalation occurs in international marketing?
Depreciation
A decrease in the value of one currency relative to another currency.
Economic Disaster
An economic disaster refers to a sudden and severe downturn in the economy, leading to significant financial loss, high unemployment rates, and often a decline in the standard of living.
Trade Laws
Regulations and legal standards governing international and domestic trade, including import, export, tariffs, and free trade agreements.
Fiat Currencies
Money that a government has declared to be legal tender, despite it not being backed by a physical commodity, with its value stemming from the trust and acceptance of the people.
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