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If the demand for a product in an increasing cost perfectly competitive industry increases, we would expect that price in the long run would ________ and the number of firms in the market would ________.
Transnational Corporations
Large companies that operate and have assets in more than one country, making them influential global economic entities.
World Democracy
The concept of promoting democratic governance and principles at a global level, aiming for political freedom and equality across nations.
Promotion
The act of raising someone to a higher rank or position, often accompanied by an increase in pay, or an effort to make something more popular or widely known.
Oppose Globalization
To oppose globalization means to resist the process by which businesses or other organizations develop international influence or start operating on an international scale, often due to concerns such as cultural erosion, environmental damage, or economic inequality.
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