Examlex
Shocks to _____ require the Fed to choose between inflation and output stability, while shocks to _____ do not require the Fed to choose between inflation and output stability.
Foreign Market
Refers to markets outside the company's home country where it can sell or market its products or services.
Exporting
The process of exporting products or services to a foreign country for the purpose of selling them.
Licensing
An agreement in which a company allows another entity to produce its product in exchange for a predetermined fee.
Joint Venture
A business arrangement in which two or more parties agree to pool their resources for the purpose of accomplishing a specific task or business activity.
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