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The aggregate-demand curve is downward-sloping because of Pigou's wealth effect, Keynes's interest-rate effect, Mundell-Fleming's exchange-rate effect and Veblen's envy effect.
World's Exports
The total value or volume of goods and services sent from one country to be sold in another.
Internationalization Process
The strategic process businesses undergo to expand operations and market presence across international borders, adapting to different cultural, legal, and economic systems.
Direct Foreign Investment
Investment made by a company or individual in one country in business interests in another country, in the form of either establishing business operations or acquiring business assets in the other country.
International Joint Ventures
Collaborative enterprise agreements between two or more companies from different countries, aiming to achieve specific business goals.
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