_____ Seeks to Expand the Value or Resources of Outcomes

question 73

Multiple Choice

_____ seeks to expand the value or resources of outcomes available to all parties through cooperative negotiation.

• A)Win-win negotiation
• B)Distributive bargaining
• C)Competitive bargaining
• D)Lose-lose negotiation
• E)Open-table bargaining

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Definitions:

Devalued

Devalued is a term used to describe a reduction in the value of a currency with respect to other currencies, often through government policy.

Exports

Goods or services produced in one country and sold to buyers in another country.

Imports

Imports refer to the goods and services that are brought into a country from abroad for sale.

Balance Of Trade Surplus

Occurs when a country's exports exceed its imports during a given time period, indicating a positive balance of trade.