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After studying this chapter, you will be able to:

1. Explain why countries trade with each other.

2. Explain why companies export and import.

3. Explain how and why countries restrict international trade.

4. Describe a global economy.

5. Explain e-commerce.

6. Describe a free trade area.

7. Describe the strategies organizations use to compete in the global economy

8. Describe various ways used by companies to sell their products or services in the international market.







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