The Textbook Identifies Several Main Areas of Responsibility Organizations Have

question 13

Multiple Choice

The textbook identifies several main areas of responsibility organizations have to the various groups who have an interest in its activities.Which of the following is NOT one of those areas of responsibility?

• A)economic
• B)discretionary
• C)ethical
• D)legal
• E)technical

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Definitions:

Net Exports

The value of a country's total exports minus its total imports, reflecting the trade balance.

Net Capital Outflow

The difference between the purchase of foreign assets by domestic residents and the purchase of domestic assets by foreigners.

Foreign-Currency Exchange

The system through which one currency is converted into another, enabling international transactions without the impediment of differing national currencies.

U.S. Resident

An individual who lives in the United States, regardless of citizenship status, for a significant portion of the calendar year.