Examlex
Microcontrollers are computer chips that are embedded in products and technologies of various types and sizes.
Offshore Outsourcing
The practice in which businesses hire people in another country to perform various tasks.
Globalization
The phenomenon of growing economic linkages among countries.
Comparative Advantage
The ability of an individual or economy to produce goods or services at a lower opportunity cost than competitors, leading to specialized production and trade.
World Trade Organization
An international organization established to supervise and liberalize world trade, dealing with the rules of trade between nations.
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