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Dale's methods of fitting horseshoes save time and money for his employer at the local ranch. However, when Dale suggests that everyone use his method, his boss, Cedric, says, "No. That's not the way we've always done it around here." Cedric's resistance to change illustrates:
Free Trade Agreement
An agreement between two or more countries to remove barriers to trade and facilitate the free flow of goods and services across their borders.
United States
A country located in North America, comprised of 50 states, known for its significant influence on global economics, politics, and culture.
International Investment Portfolios
Collections of investments held by individuals or institutions which are composed of assets from various countries, diversifying risk and opportunity across international markets.
Foreign Exchange Markets
An international financial marketplace where currencies are traded, determining the exchange rates for global trading and investment.
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