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Explain the factors that influence a firm's channel decisions.
Triangular Trade
A historical term that describes a system of trading in which a country pays for its imports from one country by its exports to another, often involving the exchange of slaves, goods, and raw materials between the Americas, Europe, and Africa.
Economic Impact
The effect of an event, policy, or business activity on the economy of a region or country, including factors like job creation, GDP growth, or market fluctuations.
New England
A region in the northeastern United States comprising six states (Connecticut, Maine, Massachusetts, New Hampshire, Rhode Island, and Vermont), known for its colonial history and distinct seasonal climates.
Anglo-American Elites
Individuals of English descent who hold significant economic, political, or social power in the United States.
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