Favorable Trade Agreements ​________

question 49

Multiple Choice

Favorable trade agreements ​________.

• A)​are causing markets to shrink
• B)​do not apply to third-world countries
• C)​are a passing trend
• D)​significantly open global markets to imports and exports

---

Definitions:

Mediation

A process in which a neutral third party helps disputing parties reach a mutually acceptable agreement.

Process Consultation

A form of consulting where the consultant focuses on the processes of an organization, including communication and decision-making, to improve its effectiveness.

Chilling Effect

A situation where the threat of legal action or other potential repercussions suppresses lawful speech or actions.

Binding Arbitration

A type of arbitration where the decision made by the arbitrator is legally enforceable and cannot be appealed.