Net Exports Equals

question 409

Multiple Choice

Net exports equals

• A) exports of goods and services minus imports of goods and services.
• B) imports of goods and services minus exports of goods and services.
• C) the government sector balance plus the private sector balance.
• D) Both answers A and C are correct.

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Definitions:

Global Competitive Environment

The dynamic and interconnected market conditions where businesses worldwide compete against each other.

TEAM Act

Legislation aimed at fostering cooperation between employers and employees through teamwork and collective problem-solving mechanisms, without forming traditional unions.

Employer-Dominated Unions

Unions that are controlled or excessively influenced by employers, undermining genuine representation and advocacy for workers' interests.

Labor-Management Cooperation

Efforts and strategies aimed at fostering collaborative relationships between employers and labor unions to improve business outcomes and work conditions.