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If Either Nationwide or Geico Does Not Open New Offices

question 35

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If either Nationwide or Geico does not open new offices, then Metropolitan does not hire agents.


Definitions:

Labor Intensive

describes industries or production processes that require a large amount of labor relative to capital in the production process.

WTO

The World Trade Organization, an intergovernmental organization that regulates international trade agreements and disputes between nations.

Retaliatory Tariffs

Taxes on imported goods that are imposed in response to similar taxes levied by another country.

U.S. Tariffs

Taxes or duties levied by the United States government on imported goods to protect domestic industries or to generate revenue.

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