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_____ Is an Economic Policy of Lowering Tariffs and Other

question 79

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_____ is an economic policy of lowering tariffs and other barriers to encourage trade.


Definitions:

Continuous Innovation

The ongoing process of implementing new ideas, improvements, or developments to products, services, or processes.

Product Innovation

The development and introduction of new or significantly improved goods or services that add value for customers.

Competitive Advantage

The attributes that allow a company to outperform its competitors, such as superior products, services, or efficiencies.

Patented Technology

Innovations or inventions that are legally protected by patents, preventing unauthorized use, replication, or sale.

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