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Table 22-1
-Refer to Table 22-1. Based on the table above, which country has a higher standard of living and why?
Outplacement
A service provided by organizations to assist former employees transition to new jobs, offering support such as resume writing and interview coaching.
Employee Leasing
A business arrangement where a company contracts with a third-party firm to handle the administration, recruitment, and training of staff, effectively leasing the employees from the third party.
Trade Agreement
A formal arrangement between two or more countries to regulate tariffs, trade barriers, and other trade-related issues.
NAFTA
The North American Free Trade Agreement, a treaty between Canada, Mexico, and the United States that established a trilateral trade bloc in North America.
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