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The Apple IPod Has Been a Trendy Product

question 94

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The Apple iPod has been a trendy product.It was designed by Apple in the United States, manufactured in factories in Asia, and sold throughout the world.Many other firms, both American and foreign, began to try to develop alternatives to the iPod.The iPod is an example of American comparative advantage in:


Definitions:

Revitalization Movements

Social movements for radical cultural reform in response to widespread social disruption and collective feelings of great stress and despair.

Globalization

The process by which businesses or other organizations develop international influence or start operating on an international scale, leading to the interconnectedness of the world's economies, cultures, and populations.

International Aid

Financial or material assistance provided by one country or international organization to another country to support development, alleviate poverty, or respond to crises.

Negative Aspects

The disadvantages or harmful effects associated with a situation, decision, or action.

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