Which of the Following Strategies Was Employed by the US

question 104

Multiple Choice

Which of the following strategies was employed by the US to regain its lost market share for capital goods by the late 1990s?

• A) Funding the Communist nations.
• B) Restructuring its industries to be more lean and mean.
• C) Providing financial assistance to the under-developed countries.
• D) Raising average U.S. tariffs on more than 20,000 imported goods.
• E) Outsourcing its production activities to other countries.

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Definitions:

Variance

A measurement of the spread between numbers in a data set, indicating how much the numbers differ from the mean of the set.

Standard Deviation

A metric for assessing how much the data points differ or spread out in a collection of values.

Observations

Individual data points or recorded values from an experiment or study.

Geometric Mean

A type of mean or average, which indicates the central tendency of a set of numbers by using the product of their values (as opposed to the arithmetic mean which uses their sum).