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Describe the pressures for local responsiveness that international companies face.
Unemployment Rate
The percentage of the labor force that is jobless and seeking employment, used as an indicator of the economy's health.
Contractionary Monetary Policy
Monetary policy measures undertaken by a central bank to reduce inflation and slow down economic growth by decreasing the money supply or increasing interest rates.
Minimum Wage
The lowest remuneration that employers can legally pay their workers, a rate which is set by government legislation.
Unemployment Rate
The segment of the labor force currently without employment but making efforts to find work.
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