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A company does not need a large size to facilitate, and benefit from, the globalization of
markets.
the judges of the european court of justice are required to act as representatives of
national interests, rather than as independent officials.
exporters usually issue a letter of credit to importers in international transactions.
enterprises that pursue an international strategy tend to decentralize control over
marketing and product strategies.
the wto has the ability to force any member nation to take an action to which it is
opposed.
according to max weber, protestantism encouraged capitalisms development by
emphasizing the importance of wealth creation and frugality.
a $20,000, 8%, 9-month note payable requires an interest payment of $1,200 at
maturity.
notes payable are often used instead of accounts payable.
a common hybrid of a quota and a rent is known as a quota rent.
Globalization reduces the risks of global financial contagion.
