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With _____, headquarters spells out guidelines on the positioning theme (platform) and the brand identity to be used in the ads.Worldwide brand values are mapped out centrally.Responsibility for the execution, however, is left largely to the local affiliates and/or ad agencies.
Deadweight Loss
The reduction of economic efficiency that happens when the free market does not achieve equilibrium for a particular good or service.
Tariff
A tax imposed by a government on goods and services imported from other countries to protect domestic industries from foreign competition.
Domestic Price
The price of goods or services within a country's borders, as opposed to international or export prices.
Tariff
A tax imposed by a government on imported or exported goods, often used to restrict trade, as they increase the price of imported or exported goods, making them less attractive to consumers.
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