________ Is a Cultural Dimension in Which People Are Supposed

question 61

Multiple Choice

________ is a cultural dimension in which people are supposed to look after their own interests and those of their immediate family.

• A)Power distance
• B)Collectivism
• C)Quantity of life
• D)Uncertainty avoidance
• E)Individualism

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Definitions:

Free Trade Agreements

Pacts between countries to reduce trade barriers and encourage importing and exporting goods.

Ratify

To formally approve or confirm an agreement or treaty, making it officially valid.

World Trade Organization

An international body that deals with the rules of trade between nations, aiming to ensure that global trade flows smoothly, predictably, and freely.

Negotiations

The process by which two or more parties come together to discuss and reach a mutually beneficial agreement.