Examlex
Which of the following is most likely an inferior good?
APEC
The Asia-Pacific Economic Cooperation, a forum for 21 Pacific Rim member economies that promotes free trade throughout the Asia-Pacific region.
Internal Environment
The conditions, entities, events, and factors within an organization that influence its activities and choices.
Business Strategy
A plan of action designed to achieve a long-term or overall aim of the business, considering internal and external factors.
Central American Free Trade Agreement (CAFTA)
A trade agreement aimed at reducing tariffs and increasing trade between the U.S. and Central American countries.
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