Examlex
By which measure of globalization does Singapore rank highest?
Luxury Automobile
A high-end vehicle offering exceptional comfort, performance, and technological features, often symbolizing status and wealth.
High-End Fashion
Clothing, accessories, and lifestyle items that are made by leading fashion houses, characterized by exclusivity, luxury materials, and high price points.
Network Effects
The phenomenon whereby a product or service gains additional value as more people use it.
Economies of Scale
Cost advantages reaped by companies when production becomes efficient, as the average cost per unit of output decreases with increasing scale.
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