In Third-Party Negotiations,a Third Party Who Provides an Informal Communication

question 113

Multiple Choice

In third-party negotiations,a third party who provides an informal communication link between the negotiator and the opponent is known as a(n)

• A)mediator.
• B)arbitrator.
• C)consultant.
• D)conciliator.
• E)liaison.

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Definitions:

Import Quota

A government-imposed limit on the quantity or value of a particular product that can be imported into a country over a specified time period.

Foreign Firms

Businesses that operate in a country other than where their original headquarters are located.

Revenue Decrease

A decline in the amount of money received from sales or services over a certain period.

Ethanol Imported

Refers to ethanol (a biofuel) that is bought from foreign producers and brought into a country’s borders, often used as an additive in gasoline.