| 单词 | co-operation |
| 释义 | co-operation Agreement by two or more individuals, firms, or governments to work together. Co-operation as a method of co-ordinating economic activity is contrasted with competition, where individuals, firms or governments operate independently and sometimes in opposition to each other. All economic systems use some mixture of both mechanisms; the optimal division of functions between them is a matter of controversy. In many cases firms or countries co-operate in some activities, such as research or the setting of industrial standards, while competing in other activities, especially current sales. |
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