In 2006 the U.S. Had a Large Trade

question 433

Multiple Choice

In 2006 the U.S. had a large trade

• A)surplus and a large net capital inflow.
• B)surplus and a large net capital outflow.
• C)deficit and a large net capital inflow.
• D)deficit and a large net capital outflow.

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Definitions:

Laws Governing

The legal rules and regulations that dictate the operations of entities, including labor laws that affect employment practices and workplace conditions.

FLSA Requirements

Stands for Fair Labor Standards Act requirements, which set standards for minimum wage, overtime pay, recordkeeping, and youth employment in the United States.

Overtime Pay

Compensation received for working beyond the standard hours set by a company or regulatory authority.

Hourly Rate

The amount of money paid for each hour of work, commonly used to compensate part-time or temporary employees.