Examlex
What central theme(s) are shared by the three main functions of human resource development?
Global Trade
Refers to the exchange of goods, services, and capital across international borders, driven by the aim of accessing new markets and leveraging global efficiencies.
Economic Communities
Groups of countries or regions that band together to form closer economic ties, typically through trade agreements and shared regulations.
Free Trade Zones
Specially designated areas within countries where goods can be imported, handled, manufactured, or reconfigured without being subject to customs duty, to encourage trade and investment.
Standardization Strategies
Approaches adopted by companies to make their products or services uniform across different markets to achieve cost efficiency and brand consistency.
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