You Are a Member of a Team System That Depends

question 44

Multiple Choice

You are a member of a team system that depends on other teams to do their part.Your team is best described as:

• A)coordinated.
• B)self-managed.
• C)cross-functional.
• D)goal-oriented.

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Definitions:

Free Trade

A policy wherein a government does not discriminate against imports or interfere with exports by applying tariffs (to imports) or subsidies (to exports).

Tariffs

Government levies on goods brought into the country.

Import Quotas

Import Quotas are government-imposed limits on the quantity or value of goods that can be imported into a country, typically used to protect domestic industries and control trade balances.

Acquired Comparative Advantage

An advantage a country develops over time in producing certain goods or services, often through investment in education, infrastructure, or technology.