Define the Meaning of the Terms B2C and B2B as They

question 194

Essay

Define the meaning of the terms B2C and B2B as they relate to e-commerce.

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Definitions:

Subsidies

Financial support extended by the government to firms, businesses, or individuals, often aimed at promoting economic and social policy objectives.

Rules-of-Origin

Regulations determining the national source of a product, affecting the application of tariffs, trade policies, and free trade agreements.

NAFTA Treatment

Special considerations, rights, or provisions under the North American Free Trade Agreement, particularly regarding trade and commerce among member countries.

Extraterritoriality

A legal concept where a country's laws are recognized as having effect outside its territorial borders, often used in diplomatic immunity and international business.