Examlex
Define the term 'globalisation backlash'.Using examples from the Internet,describe how global backlash has impacted on organisation internationalisation strategy.
Stagflation
A situation in an economy where inflation is high, economic growth slows, and unemployment remains steadily high.
Price Level
The price level is a measure of the average prices of goods and services in the economy, indicating the purchasing power of money.
Real Output
Measure of economic output adjusted for price changes; refers to the quantity of goods and services produced in an economy.
Stagflation
A situation in an economy where the inflation rate is high, economic growth rate slows, and unemployment remains steadily high.
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