Suppose That the Rest of the World Experiences a Recession

question 29

Multiple Choice

Suppose that the rest of the world experiences a recession causing a decrease in foreign output. This decrease in foreign output will not cause which of the following to occur?

• A) The domestic country's consumption to decrease.
• B) The domestic country's imports to decrease.
• C) The domestic country's trade balance to improve.
• D) The domestic country's output to decrease.
• E) The domestic country's trade balance to worsen.

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Definitions:

Succession Planning

A strategy for identifying and developing new leaders who can replace old leaders when they leave, retire or die.

Organizational Structures

The system of tasks, workflows, reporting relationships, and communication channels that link together diverse parts of an organization.

Succession Analysis

The process of identifying and developing new leaders who can replace old leaders when they leave, retire or die, ensuring continuity in leadership and operations.

HR Supply Analysis

An assessment process to determine if an organization has the necessary human resources to meet its strategic objectives.