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Managing director

A managing director is someone who is responsible for the daily operations of a company, organization, or corporate division. In some countries, the term is equivalent to CEO (Chief Executive Officer) the executive head of a company. In other countries,…

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MERCOSUR

The Mercado Común del Sur (Southern Common Market) is an economic and commercial group of countries is South America comprising Argentina, Brazil, Paraguay, Uruguay and Venezuela with associate countries like Chile, Bolivia, Colombia, Ecuador and Peru. Its purpose is to promote free trade and the fluid movement of goods, people, and currency till…

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MIGA

The Multilateral Investment Guarantee Agency (MIGA) is a financial institution that belong to the World Bank Group and provides political risk coinsurance and reinsurance for investment in client-developing countries. Website.

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Money laundering

The process whereby criminal seek to “wash” illicit funds (generally garnered from international terrorism or drug dealing). By moving funds around from country to country, a fraudster´s intention is to conceal the source of the funds and make them appear…

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Monopoly

A market with a single supplier for example of telecommunications or energy (gas, electricity).

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