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Which two nations had no mandatory military service prior to World War I?
Cross-Border Merger
A transaction where companies from different countries merge to create a new entity or one absorbs the other, expanding their global footprint and operational reach.
Joint Venture
A business agreement between two or more parties to jointly undertake a specific project or business activity, sharing profits, losses, and control.
Ethnocentrism
The belief in the superiority of one's own cultural group, often accompanied by a disregard for other cultures.
Polycentric Attitude
An approach that recognizes and values the diversity and difference of various cultures and practices in international business.
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