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A Manager Is Considered Efficient and Effective If the Manager

question 74

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A manager is considered efficient and effective if the manager ________.


Definitions:

Free Trade

An economic policy that allows imports and exports with little to no government tariffs, quotas, or subsidies, aiming to enhance global economic efficiency.

Balance of Trade

The difference in value between a country's imports and exports over a certain period, indicating how much more goods and services a nation exports than it imports.

Services

Intangible products such as consulting, banking, cleaning, and education that are consumed at the point of sale.

Goods

Physical items that are produced and can be bought, sold, or traded.

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