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In foreign markets it is best to accept the information at face value because verifying information in foreign markets is extremely difficult.
Western Bias
Western bias refers to the tendency to interpret or approach the world from the perspective and values of Western societies, often overlooking or marginalizing other viewpoints.
Eastern Bias
A tendency to favor or emphasize the perspectives, cultures, or practices of Eastern countries over those of Western or other regions.
Northern Bias
A tendency to prioritize or give undue emphasis to perspectives, interests, and values of the global North over those of the global South.
Southern Bias
A predisposition or inclination that favors the perspectives, cultures, or interests of those from southern regions, often in a global or national context.
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