International Business for A2

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  • Created by: jacob
  • Created on: 05-10-14 21:36
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  • Definitions
    • Export Sales Ratio
      • the ratio of the percentage of exports of a product to total manufacturers' sales
    • Import penetration ratio
      • The ratio of the percentage of imports of a product to toal domestic demand
    • International Competiveness
      • The ability to produce a good/service at a lower cost and/ or higher quality than other countries can

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