MATCHING Complete the Following Using the Terms Listed

question 52

Multiple Choice

MATCHING
Complete the following using the terms listed.
-_____monitors agreements among member nations, mediates disputes, and works to reduce trade barriers throughout the world.

• A)offshoring
• B)balance of trade
• C)joint venture
• D)Dumping
• E)Imports
• F)tariff
• G)International Monetary Fund
• H)World Trade Organization
• I)free trade area
• J)Devaluation
• K)exchange rate
• L)absolute advantage
• M)global business strategy
• N)quota
• O)multidomestic strategy
• P)balance of payments
• Q)comparative advantage

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Definitions:

Performance

The act of carrying out a task or function, often measured against pre-established standards such as speed, accuracy, or efficiency.

Audience

The person or group receiving a message.

Social Facilitation Theory

The theory that the presence of others increases a person’s dominant response—that is, the response that is most likely for that person for the task at hand.

Impair

To weaken or damage someone's abilities or functionality in a certain area, such as impairing one's judgment or physical capacities.