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Suppose you tell a story to two of your friends. Some people repeat the story to two others, and in turn some pass the story on. Each time the story is told, it is told to two new people and no one hears the story twice. Sometime later, 271 people know the story. How many people have related the story to others?
Expatriates
Employees who are sent by their employers to live and work in a foreign country for an extended period.
Host-Country Nationals
Employees who are natives of the host country.
Labour Costs
The total sum of all financial expenses associated with the employment of workers, including wages, benefits, and taxes.
Domestic Firm
A company that operates primarily within the borders of its home country and caters to the local market.
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