Examlex
In general in the U.S., since the early 1990s,
Reciprocity
A mutual exchange of privileges or benefits, such as when two or more countries agree to grant each other equal trading terms or access to markets.
Price War
A competitive situation where businesses continuously lower prices to undercut competitors, potentially at the cost of profit margins.
Payoff Matrix
A visual representation in game theory of the potential outcomes or rewards from different actions or strategies adopted by players.
International Strategy
A business approach used by companies to expand their operations and market presence across national borders.
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