Relative to Countries with Low Ratios of Exports to Gross

question 11

Multiple Choice

Relative to countries with low ratios of exports to gross domestic product, countries having high export to gross domestic product ratios are ____ vulnerable to changes in the world market.

• A) Less
• B) More
• C) Equally
• D) Any of the above

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Definitions:

Multisite Bargaining

Collective bargaining conducted on behalf of multiple locations of an employer, potentially streamlining negotiations but also complicating them due to differing local needs.

Permissive

Describes actions or conditions that are allowed or tolerated, especially in contexts where specific authorization or regulation may not exist.

Mandatory

Required or compulsory, indicating that certain actions, procedures, or measures must be followed or executed as per legal or organizational guidelines.

Illegal

Pertains to activities or actions that are prohibited by law.