If a Country Voluntarily Agrees to Have Its Companies Import

question 269

Multiple Choice

If a country voluntarily agrees to have its companies import more goods from another country, the country has

• A) a voluntary import expansion (VIE) agreement.
• B) a voluntary restraint agreement (VRA).
• C) a mandated tariff.
• D) a mandated agreement.

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Definitions:

Self-Appraisal

An evaluation process in which an individual assesses their own performance, strengths, and weaknesses.

Performance Results

The outcomes or achievements resulting from the execution of specific actions, tasks, or activities.

Management by Objectives (MBO)

A strategic management model focusing on setting and agreeing to specific objectives between management and employees to improve organization performance.

Work Efforts

The measure of the amount of energy, time, and resources employees put into their tasks and roles at work.