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During which phase of the product life cycle do profits start to decline?
Global Industry
Economic activities that occur on an international scale, transcending national borders and involving the production, distribution, and marketing of goods and services worldwide.
Tourism
The activity of traveling to places for pleasure and exploration.
Transnationals
Corporations or enterprises that operate in multiple countries, transcending national borders in their activities, production, and management.
Economic Refugees
Individuals or groups who are forced to leave their home country due to severe economic hardship, in search of a better standard of living elsewhere.
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