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After the oil shock of the 1970s,the number of small,fuel-efficient cars exported from Japan to the United States increased.To protect its auto industry,the U.S.government introduced a(n)________,which is a tax levied by a foreign government against certain imported products.
Wage Concessions
Agreements where employees accept lower wages, often in exchange for job security or other benefits, typically during negotiations or economic downturns.
Mass Manufacturing
The production of large quantities of standardized products, often using assembly lines or automated technology, to achieve economies of scale.
Labor Relations
The interaction between management and labor unions or workers, encompassing negotiation, compliance with labor laws, and workplace conflict.
Business Environment
The combination of external and internal factors that influence a company's operating situation, including economic, legal, technological, and social conditions.
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