Examlex
Today,managers have to make allocation decisions around the use of which scarce resources?
Free Trade
An economic policy that allows imports and exports between countries with minimal or no tariffs, quotas, or prohibitions.
United States
A country located in North America, bordered by Canada to the north, Mexico to the south, the Atlantic Ocean to the east, and the Pacific Ocean to the west.
Canada
A country located in the northern part of North America, known for its vast landscapes, multicultural communities, and bilingual status (English and French).
World Trade Organization
An international organization that regulates international trade, aiming to ensure trade flows as smoothly, predictably, and freely as possible.
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