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How China’s ‘Firewater’ Became the World’s Most Valuable Liquor Brand | WSJ The Economics Of
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林宜悉 posted on 2024/02/19Ever wondered how a Chinese liquor called Moutai became a global luxury brand worth billions? This video dives into the fascinating economics behind its scarcity pricing and cultural significance, perfect for picking up advanced vocabulary related to luxury markets and business strategy!
Video vocabulary
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US /ɛnˈtaɪr/
・
UK /ɪn'taɪə(r)/
- Adjective
- Complete or full; with no part left out; whole
- Undivided; not shared or distributed.
A2TOEIC
More immune
US /ɪˈmjoon/
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UK /ɪˈmju:n/
- Adjective
- Having a special protection from, e.g. the law
- Protected against a particular disease or condition because of antibodies or vaccination.
B1
More tend
US /tɛnd/
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UK /tend/
- Intransitive Verb
- To move or act in a certain manner
- Transitive Verb
- To take care of
A2
More revenue
US /ˈrevənju/
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UK /'revənju:/
- Noun (Countable/Uncountable)
- Money that is made by or paid to a business
- Money a government collects from its people
A2TOEIC
More Use Energy
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