Which of the Following Terms Refers to a Trading Partnership

question 14

Multiple Choice

Which of the following terms refers to a trading partnership based on dialogue, transparency, and respect that seeks greater equity in international trade and contributes to sustainable development?

• A) Global reporting initiative
• B) Global trading initiative
• C) Free trade
• D) Fair trade
• E) Cooperative trade

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Definitions:

Bottom 20%

The bottom 20% typically refers to the lowest quintile in a distribution, such as income levels, often used to describe those with the lowest earnings.

Families

Groups of individuals related by blood, marriage, or adoption who live together and share economic, emotional, and social ties.

Income Inequality

The uneven allocation of income among individuals or households within an economic system.

Distribution Of Income

The way in which total income is shared amongst the population or different groups within a society.