Examlex
Bribes are an accepted way of operation in many foreign countries, and U.S. companies must learn these corporate culture rituals and participate in them in order to successfully compete.
Trade Barriers
Measures implemented by countries to regulate or restrict international trade, including tariffs, quotas, and embargoes.
Fair Trade
A social movement aimed at helping producers in developing countries achieve better trading conditions and to promote sustainability.
Trade Agreements
Formal arrangements between countries that determine the terms of trade, tariffs, and duties, aimed at facilitating smoother and more efficient international commerce.
Free Trade
An economic policy that allows imports and exports between countries with minimal governmental restrictions or tariffs.
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