A Contingency Table and a Cross-Tabulation Table Are Two Separate

question 98

True/False

A contingency table and a cross-tabulation table are two separate things and should not be used for the same purpose.

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Definitions:

Imported Goods

Products or goods brought into one country from another, subject to the importing nation's customs and regulations.

Direct Investment

When a firm maintains 100 percent ownership of its plants, operation facilities, and offices in a foreign country, often through the formation of wholly owned subsidiaries.

Complete Control

The authority or power to fully manage or govern all aspects of an entity, situation, or mechanism without any external interference.

Trade Surplus

Occurs when a country has a higher level of exports than imports.