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4 Cards in this Set
- Front
- Back
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Globalization
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the broadening set of interdependent relationships among ppl from different parts of a world that happens to be divided into nations
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International Business
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consists of all commercial transections including sales,investments,and transportation that take place b/w 2 or more countries
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Sovereignty
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a nation's freedom to "act locally" and without externally imposed restrictions
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foreign direct investment FDI
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sometimes referred to simply as direct investment, the investore takes a controlling interest in a foreign company
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