Define Negotiation and Discuss the Two Types of Negotiation in Detail

question 123

Essay

Define negotiation and discuss the two types of negotiation in detail, using examples.

---

Definitions:

Adverse Effects

Negative outcomes or damages that result from an action or policy.

Alleged Benefits

Claimed advantages or positive outcomes that may not have been fully verified or proven.

Voluntary Export Restriction

An agreement by a country to limit the quantity of goods exported to another country to avoid tariffs or quotas.

Import Quota

A government-imposed limit on the quantity or value of a specific commodity that can be imported into a country.