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Từ vựng:

vertical restraint

Giải nghĩa:

/vərˈtɪkəl rɪˈstreɪnt/ – Phrase


Definition: Hạn chế theo chiều dọc.

A more thorough explanation: a restraint of trade resulting from an agreement between business entities at different levels of production andor distribution (eg between a retailer and a manufacturer)

Example: Vertical restraints increase prices and restrict outputs.

 

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