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24 Cards in this Set
- Front
- Back
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collectivism
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perspective that the needs of the group take precedence over the needs of the individual; encourages dependence on the organization
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country of origin
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a condition where consumers may pefer to buy goods produced in one country rather than another usually because of quality perceptions or because of nationalism
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democracy
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a political system that relies on citizens participation in the decision making process
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intellectual property
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property in the form of patents, trademarks, service marks, trade names, trade secrets, and copyrights
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intellectual property rights
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ownership-rights to intangible assets, such as patents, trademarks, copyrights, and know-how.
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laissez-faire
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the concept of minimal government intervention in a societies economic activity
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legal system
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the rules that regulate behavior, the processes that enforce the laws of country and the procedures used to resolve grievances
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local content
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a term used in trade agreements which refers to the percentage of a products which is produced in the member countries to the agreement. Preferential tariff provisions often depend on the amount of local or regional content included in a product.
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pluralism
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belief that there are multiple opinions about an issue, each of which contains part of the truth , but none that contain the entire truth.
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political ideology
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the body of constructs (complex ideas), theories, and aims that constitute a sociopolitical program.
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political risk
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potential changes in political conditions that may cause a companies operating positions to deteriorate
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political spectrum
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a conceptual structure that specifies various types of political ideologies
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political system
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the system designed to integrate a society into a viable, functioning unit
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political risk
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potential changes in political conditions that may cause a companies operating positions to deteriorate
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political spectrum
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a conceptual structure that specifies various types of political ideologies
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rule of law
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the principle that every member of a society, even a ruler, must follow the laws accepted by society
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political system
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the system designed to integrate a society into a viable, functioning unit
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rule of man
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notion that the word and whim of one man are law
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rule of law
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the principle that every member of a society, even a ruler, must follow the laws accepted by society
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third wave of democratization
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expressoin to capture the collective set of nations that moved from nondemocratic to democratic political systems during the 1970s through the 1990s.
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totalitarian system
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a political system characterized by the absence of widespread participation in decision making.
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rule of man
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notion that the word and whim of one man are law
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third wave of democratization
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expressoin to capture the collective set of nations that moved from nondemocratic to democratic political systems during the 1970s through the 1990s.
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totalitarian system
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a political system characterized by the absence of widespread participation in decision making.
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