The Number of Contracts That Have Been Established and Not

question 133

Multiple Choice

The number of contracts that have been established and not yet offset or exercised is called __________________.

• A)trade contracts
• B)unexpired contracts
• C)accumulated contracts
• D)open interest
• E)uncleared contracts

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Definitions:

Multinational Corporations

Large companies that operate and have assets in several countries, allowing them to produce and sell goods and services across national borders.

Trade Adjustment Assistance

A federal program designed to help workers who have lost their jobs as a result of international trade find new employment.

Imports

Goods or services brought into a country from abroad for sale.

European Union

A political and economic union of 27 European countries that have agreed to abide by common policies on a range of issues, including trade, security, and laws.