What Is Required When Measuring International Trade and Its Impact

question 148

Multiple Choice

What is required when measuring international trade and its impact on individual nations?

• A) a total value of imports that exceeds the total value of exports
• B) knowledge of countertrade and bartering privileges
• C) knowledge of balance of trade and the economic indicators that make it up
• D) national leaders that agree to the same measurement standards

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Definitions:

Functional Managers

Responsible for one area of activity, such as finance, marketing, production, human resources, accounting or sales.

Organisational Goals

The stated aims or objectives that a company or an institution seeks to achieve, guiding its operations and strategic planning.

Affirmative Action Program

Policies designed to increase opportunities for historically underrepresented groups by considering those group memberships in decisions like hiring and admissions.

Minority Advancement

Efforts and programs aimed at improving the social, educational, and economic status of groups that are historically underrepresented or disadvantaged.