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What substance is reduced in the following redox reaction? H+(aq) + Fe(s) + NO₃-(aq) → Fe₃+(aq) + NO(aq) + H₂O(l)
Multinational Corporations
Large companies that operate in several countries around the world, often having a centralized head office where they coordinate global management.
Labour-intensive Jobs
Jobs that require a high level of human labor to produce goods or services, as opposed to automation or machinery.
Ethnocentrism
The belief in the inherent superiority of one's own ethnic group or culture, often accompanied by a tendency to view other cultures from the perspective of one's own.
Globalization Gap
What occurs when large multinational corporations and industrialized nations gain disproportionately from the benefits of globalization.
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