Examlex
____ which involves teaching academic and social skills to children, teaching life and vocational skills to adolescents, and teaching effective child-rearing skills to parents, reduces the risk of adolescent antisocial behavior.
Protectionism
A government policy aimed at restricting international trade to protect domestic industries from foreign competition.
Trade Feedback Effect
A phenomenon where an increase in exports leads to an increase in national income and thus an increase in imports.
Countertrade
An exchange of goods or services for other goods or services without using a medium of exchange, such as money.
Multidomestic Firm
A multidomestic firm is a company that operates in multiple countries, tailoring its products, marketing, and operations to each local environment rather than standardizing globally.
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