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Localizing Operations
The process of adjusting a business's operations, products, or services to match the specific cultural, legal, or market requirements of a local region.
North American Free Trade Agreement
A trade agreement eliminating tariffs and other trade barriers between the United States, Canada, and Mexico.
Tariffs
Taxes imposed on imported goods and services, which can affect trade dynamics between countries.
Trade Barriers
Measures implemented by governments to regulate or limit international trade, including tariffs, quotas, and embargos, to protect domestic industries.
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