Economies That Adopt More Open Trade Policies Have Often Historically

question 124

Multiple Choice

Economies that adopt more open trade policies have often historically enjoyed faster economic growth rates as a result.This is an example of what kind of statement?

• A) Marginal
• B) Normative
• C) Positive
• D) Biased

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Definitions:

Proportionately Shared

Distributed or divided among parties in correlation to their respective shares or involvement.

Corporate Officer

An individual appointed by the board of directors of a corporation who is granted certain powers and responsibilities in managing the company.

Day-To-Day Operations

The routine activities necessary for the ongoing management and functionality of a business or organization.

General Partners

Individuals in a partnership who have unlimited liability and are responsible for the management of the partnership.