___________________ Is the Duty or Obligation to Perform a Prescribed

question 58

Short Answer

___________________ is the duty or obligation to perform a prescribed task or service or to attain a specified objective.

---

Definitions:

Trade Surplus

A condition where a country's exports exceed its imports, indicating a positive balance of trade.

Exports

Products or services shipped from one nation to another for the purpose of being sold or exchanged.

Trade Deficit

A situation where a country's imports exceed its exports, leading to net outflow of domestic currency to foreign markets.

Exports

Goods or services sent from one country to another for sale or trade, contributing to a country's economy.