Examlex
Besides the obvious geographic differences associated with globalization, there may be deep cultural and value-system differences between the various countries that an organization operates in.
Inheritance Laws
Legal statutes and regulations that govern the distribution of a deceased person's estate among their heirs or designated beneficiaries.
Middle East
A region that broadly includes countries in Western Asia and parts of North Africa, known for its strategic geopolitical significance.
Disposable Income
Funds that households can use for saving and expenditures after income taxes are taken out.
APS
Acronym for Average Propensity to Save, which is the ratio of total savings to total income in an economy, indicating how much people save on average per unit of income.
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