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For a Country,what Is an Ideal Situation for Terms of Trade

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For a country,what is an ideal situation for terms of trade?


Definitions:

Skill Sets

A combination of abilities, qualifications, and experiences that an individual possesses, making them suitable for a particular job or task.

Labour Standards Legislation

Laws and regulations that establish the minimum requirements for working conditions, such as hours of work, minimum wage, and safety standards.

Pay Equity Legislation

Laws and regulations designed to eliminate the gender pay gap by ensuring that men and women receive equal pay for work of equal value.

Human Rights Legislation

Laws enacted to protect individuals from violations of their rights by individuals, organizations, or governments.

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