Increases in International Trade and Investment Are Accompanied by Increases

question 24

Multiple Choice

Increases in international trade and investment are accompanied by increases in all of the following EXCEPT ________.

• A) literacy rates
• B) individual affluence
• C) cross-border conflict
• D) national prosperity

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Definitions:

Incidental Damages

Expenses reasonably incurred by one party due to another party's breach of contract, such as costs to mitigate damages or to obtain substitute performance.

Arise Directly

Refers to issues or consequences that occur as a direct result of an action or event, with no intermediary steps.

Restitution

Restitution is the act of compensating for loss or damage caused by one’s actions, often involving the return of stolen goods or payment of money to cover damages.

Voidable Contract

A contract that is valid and enforceable on the surface, but can be declared void by one of the parties due to certain defects.