What Is a Zero-Sum Game

question 80

Multiple Choice

What is a zero-sum game?

• A) A situation in which the market mechanism determines what a country imports and what it exports.
• B) A situation in which a country engages in international trade even for products it is able to produce for itself.
• C) A situation in which a gain by one country results in a loss by another.
• D) A situation in which limits on imports are often in the interests of domestic producers, but not domestic consumers.
• E) A situation in which one country has an absolute advantage in the production of all goods.

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Definitions:

Program Champion

An individual who passionately promotes and supports the success of a program within an organization.

Red Tape

Excessive bureaucracy or adherence to rules and formalities, especially in public sector organizations, leading to slow or complicated administrative procedures.

Line Positions

Roles in an organization that are directly involved in the core business operations, such as production and sales.

Authority

The power or right granted to an individual or organization to make decisions, give orders, and enforce obedience.