Examlex
Creation of foreign trade zones caused development of companies called maquiladoras along the border inside Mexico.
Economies of Scale
Economies of scale occur when increasing the production scale leads to a decrease in the long-term average costs, often due to more efficient use of inputs.
Exclusive Franchise
A legal agreement granting one party the sole right to sell or distribute a company's products or services in a particular market area.
Conglomerate Merger
involves the combination of firms that operate in unrelated business areas, aiming for diversification and reduced business risk.
Distinct Industries
Different sectors of the economy that produce different types of goods or services, characterized by unique products, markets, and production processes.
Q24: North America was about three decades behind
Q39: In China, a legal contract is just
Q81: A complete ban on trade (imports and
Q110: Today, the Southern Common Market (MERCOSUR) acts
Q113: Offering local _ allows an international business
Q122: The benefit of _ is greater profit
Q136: China and Taiwan have both gained entry
Q139: The _ theory states that countries produce
Q147: Mercantilism is inherently flawed because it views
Q174: Integration involving political cooperation can _ the