Examlex
The formula is used to estimate the
Flat World
A metaphor describing a global environment where geographical and cultural barriers to communication, trade, and travel are diminishing, making the world more interconnected.
Free Access
Refers to the ability to obtain or use services without financial or restrictive barriers.
Uniform Trade Regulations
Agreed international rules and standards intended to simplify and harmonize global trade practices.
Global Financial Markets
The worldwide forums that exist for exchanging securities, currencies, and other financial instruments among global participants.
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