Key Terms Instructions: Please Define the Following Key Terms

question 39

Essay

Key Terms Instructions: Please define the following key terms. Show Who? What? Where? When? Why Important?
Conservatism

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Definitions:

Diversification-for-Stability

A strategy aiming to reduce risk by allocating investments among various financial instruments, industries, or other categories.

Self-sufficient

The ability of an entity or individual to meet all of its needs without external assistance.

GATT

The General Agreement on Tariffs and Trade, a multilateral treaty aimed at reducing trade barriers and promoting international trade through the reduction of tariffs and quotas.

World Trade Organization

An international organization designed to regulate and facilitate international trade between nations.