Examlex
Name some considerations for the layout of your business. What areas of layout are more important? Why?
Heckscher-Ohlin Theorem
An economic theory stating that countries export what they can most efficiently and abundantly produce.
Labor Intensive
describes industries or production processes that require a large amount of labor relative to capital in the production process.
WTO
The World Trade Organization, an intergovernmental organization that regulates international trade agreements and disputes between nations.
Retaliatory Tariffs
Taxes on imported goods that are imposed in response to similar taxes levied by another country.
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