If the Value of the Goods and Services a Country

question 29

Multiple Choice

If the value of the goods and services a country buys from other countries exceed the value of the goods and services it sells to other countries,then the country runs a _____.

• A) trade surplus
• B) trade deficit
• C) budget surplus
• D) budget deficit
• E) surplus value

---

Definitions:

Human Resources

The department within an organization that deals with recruitment, management, and direction of people.

Competency-Based

This approach focuses on identifying and developing specific skills and competencies within an organization to optimize performance and productivity.

Job Analyses

The systematic process of collecting and analyzing information about the duties, responsibilities, and the context of a job, to identify required skills and qualifications.

Organizational Success

The achievement of the goals and objectives set by an organization, often measured by metrics such as profitability, market share, or stakeholder satisfaction.