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| leaders govern without peoples support. Government controls much of peoples lives leaders do not tolerate opposing viewpoints imposed authority lack of constitutional guarantees restricted participation |
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| private and public groups belong in politics |
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| forced transfer of assets from a company to the gov with compensation |
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| property seizure confiscation |
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| forced transfer of assets from a company to the government without compensation |
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| forced asset transfer to the government of an entire industry |
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| set of values beliefs rules and institutions held by a specific group sum total ways of living |
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| belief that ones own ethnic group or culture is superior to that of other |
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| detailed knowledge of culture that enables a person to function happily and effectively within it |
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| people who share a unique way of life within a larger subculture |
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| spread of cultural traits across cultures causes much central change |
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| all that a culture considers to be in good taste |
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| positive or negative evaluations feelings and tendencies people hold toward objects and concepts |
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| process of ranking people into social layers |
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| Gross national product market value produced by countries residence no matter where they live |
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| a company that adopts a global perspective and engages in international business from or near its inception. |
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| Globalization of production |
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| production world wide to achieve best price or quality |
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| trend toward greater economic , cultural, political, and technological independence among national institutions and economies |
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| General Agreement on Tariffs and Trade (GATT) was a multilateral agreement regulating international trade. According to its preamble, its purpose was the "substantial reduction of tariffs and other |
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| The World Trade Organization (WTO |
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| is the only global international organization dealing with the rules of trade between nations. At its heart are the WTO agreements, negotiated and signed by the bulk of the world’s trading nations and ratified in their parliaments. The goal is to help producers of goods and services, exporters, and importers conduct their business. |
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| Gross domestic product (GDP) |
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| is defined by OECD as "an aggregate measure of production equal to the sum of the gross values added of all resident institutional units engaged in production (plus any taxes, and minus any subsidies, on products not included in the value of their outputs)."[2] |
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| departure of highly educated people |
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| individualism over collctivism, power distance, uncertainty avoidance, long term orientation,masculinity vs femininity= |
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| inequality between superiors and subordinates |
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| large uncertainty avoidance means they take less risk |
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| Tech and e buisness promote trade we experience international transitions |
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| globalization of production |
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| production world wide to achieve best price or quality |
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| legal tradition based on religious teachings |
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| words to symbols that distinguish a product and its manufacturer |
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| prevent market sharing/ price fixing and unfair advantage |
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| legal system based on a countries legal history, past cases that have come before its courts and how laws are applied in specific situations |
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| property right granted to the inventor of a product or process that excludes others from making using to selling the invention |
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