Examlex
Divisions operating in different countries often record performance is different currencies.
International Trade
The exchange of goods, services, and capital across international borders, influenced by agreements, tariffs, and global market dynamics.
Social Dumping
The practice of employers or countries exploiting cheaper labor or lower environmental standards in one region over another, often leading to job loss and lowered labor conditions in higher-cost areas.
Fair Trade
An ethical trading approach that aims to achieve better trading conditions and promote sustainability for producers and workers in developing countries.
Global Markets
The international economic system of trade and investment, where goods, services, and capital flow across borders.
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