Examlex
The confirmation bias is the tendency to search for information or evidence that confirms a belief, while making little or no effort to search for information that might disprove the belief.
Domestic Industries
Industries that produce goods and services within a country's borders for local consumption.
Prevent Dumping
Strategies or policies implemented to protect a country's domestic industry by limiting the importation of cheaply priced foreign goods.
Foreign Licensing
A business practice where a company allows another business in a different country to produce and sell its products under its brand.
International Production
Creating goods in multiple countries around the globe, often to minimize costs or maximize quality.
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