The ________ Is That Value Obtained by Summing the Values

question 78

Multiple Choice

The ________ is that value obtained by summing the values of all elements in a set and dividing by the number of elements.

• A)mean
• B)mode
• C)median
• D)maxima
• E)aggregate

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Definitions:

Free-Trade Policies

Government policies aimed at reducing or eliminating barriers to trade between countries, such as tariffs and quotas, to encourage international commerce.

GATT

The General Agreement on Tariffs and Trade, a legal agreement between many countries, aimed at promoting international trade by reducing or eliminating trade barriers such as tariffs or quotas.

World Trade Organization

An international body established to promote and regulate trade between member countries.

U.S. Tariffs

Taxes imposed by the United States government on imported goods and services to protect domestic industries or to generate revenue.