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Global sourcing decisions in retailing are influenced by multiple interrelated factors that determine how efficiently a retailer can procure products from international markets. One of the primary considerations is cost. Retailers often evaluate production costs, including labor, raw materials, and overheads in different countries, to ensure competitiveness in pricing. Exchange rates also play a critical role, as currency fluctuations can impact the final cost _____ _________ ____ _____ ___ _________.
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