Examlex
The changes shown in the diagram represent a physical change.
Deterritorialization
The reduction or elimination of the cultural, social, or political power of geography and territory.
Centre-Periphery Trade
Economic exchanges between a core or economically dominant region and its surrounding, less developed areas or countries.
Global Markets
represent the worldwide expanse of buyers, sellers, and exchange processes, transcending domestic economies and facilitating cross-border trade.
Glocalization
A strategy that involves adapting a product, service, or content to suit local tastes and cultures while maintaining an overarching global appeal.
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