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To be an effective international marketer, why is it necessary to master cultural adjustment? Explain.
Consumption Spending
The expenditure by households on goods and services, excluding purchases of new housing, which is a key component in calculating a country's gross domestic product (GDP).
Permanent Tax
A tax implemented with no predetermined end date, often considered to be indefinitely applied.
Temporary Tax
A temporary tax is a levy imposed by a government for a specific period before it is automatically revoked or reassessed.
Major Export
The primary good or service sold by a country to foreign markets.
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