Term
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Definition
•the shift toward a more integrated and interdependent world economy
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Term
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Definition
•when a firm exports goods or services to consumers in another country
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Term
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Definition
• any firm that engages in international trade or investment
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Term
| Foreign Direct Investment |
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Definition
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when a firm invests resources in business activities outside its home country
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Term
| Multinational Enterprise (MNE) |
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Definition
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any business that has productive activities in two or more countries
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