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4 Cards in this Set
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voluntary export restraints
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government imposed limit on the quantity of goods that can be exported out of a country during a specified period of time
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horizontal integration
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firm acquires multiple production facilities in different geographical locations, which produce the same good/goods
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vertical integration
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geographically separates different stages of production, with outputs of some affiliates serving as inputs to other affiliates
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transfer prices
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prices an MNC's affiliates charge each toher for internal sales of goods and services
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