Which of the Following Is NOT an Economic Element of the United

question 56

Multiple Choice

Which of the following is NOT an economic element of the United States in relation to its position in the world economy?

• A)Although it has a trade deficit with most competitors,it exports more goods than it imports.
• B)It has a wide base of natural resources.
• C)It has the most diversified economy among its major competitors.
• D)It is the most economically competitive of its major competitors.
• E)All of these answers are correct.

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Definitions:

Videoconferencing

A technology that allows two or more people at different locations to see and hear each other simultaneously, facilitating remote communication.

Cross-Functional Teams

are groups composed of members from different departments or areas of expertise working together towards a common goal, fostering innovation and problem-solving.

Common Project

A collaborative effort where multiple individuals or groups work towards a shared goal.

Individual Skills

Personal abilities or competencies that enable a person to perform tasks effectively on his or her own.