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Explain the Benefits and Risks of Being a Small Country

question 26

Essay

Explain the benefits and risks of being a small country relative to the size of international markets.


Definitions:

Iconic Memory

A type of visual sensory memory that holds a brief visual representation of a scene that has been perceived, lasting only a fraction of a second.

Shallow Processing

Encoding on a basic level, based on the structure or appearance of words.

Encoding Failure

a situation in which information does not enter the long-term memory due to inadequate attention to or processing of the information.

Rehearsal

The act of practicing or repeating information or actions to enhance memory or performance.

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