EPF PROJECT

2. Chain – The network of businesses and processes involved in the production and delivery of goods or services from raw materials to the end consumer.
3. – The process of increasing interconnectedness and interdependence among countries, especially in terms of trade, communication, and culture.
5. – The exchange of goods, services, or capital between countries or regions.
6. – A tax imposed by a government on imported goods to protect domestic industries or generate revenue.
8. Trade Organization (WTO) – An international organization that regulates global trade and ensures that trade flows as smoothly, predictably, and freely as possible.
10. – The act of bringing goods or services into a country from abroad for sale.
11. Trade – Trade between countries without tariffs, quotas, or other restrictions.
13. Corporation (MNC) – A company that operates in multiple countries, managing production or delivering services in more than one nation.
14. Agreement – A contract between two or more countries that outlines the rules for trading goods and services between them.
15. Flow – The movement of money for investment, trade, or business production across borders.

1. Supply Chain – A worldwide network of suppliers, manufacturers, and distributors that work together to produce and distribute goods.
4. – The reliance between countries or economies for goods, services, or economic stability, often resulting from globalization.
7. Direct Investment (FDI) – Investment made by a company or individual in one country in business interests located in another country.
9. – The practice of obtaining goods or services from an outside supplier, often from a foreign country, to reduce costs.
12. – The act of sending goods or services from one country to another for sale.