The Lowering of _______________ Between Countries Is Likely to Lead

question 112

Multiple Choice

The lowering of _______________ between countries is likely to lead in increased price competition throughout the EU and NAFTA.

• A) barriers to trade
• B) military stability
• C) perception of EU stability
• D) single market solutions
• E) administrative barriers

---

Definitions:

Contingency Table

A type of table used in statistical analysis to summarize the relationship between several categorical variables.

Nominal Data

Refers to data classified into categories that cannot be ordered in any meaningful way, such as types of fruit or colors.

Chi-squared Test

A numerical method employed to ascertain whether a notable discrepancy exists between the anticipated frequencies and the actual frequencies across one or several categories.

Qualitative Data

Data that is descriptive and conceptual, often categorized based on qualities and characteristics that are not numerical.