If a Country Has Business Opportunities That Are Relatively Attractive

question 9

Multiple Choice

If a country has business opportunities that are relatively attractive to other countries,we would expect it to have

• A)both positive net exports and positive net capital outflow.
• B)both negative net exports and negative net capital outflow.
• C)positive net exports and negative net capital outflow.
• D)negative net exports and positive net capital outflow.

Grasp the concept of material breach and its implications for contractual parties.

Understand the doctrine of frustration of purpose and its applicability to contract law.

Understand the principles of satisfaction clauses in employment contracts.

Identify the criteria for determining a material breach in contracts.

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Definitions:

Green-circle Rate

A situation in wage-setting where an employee's pay is below the minimum of the range set for their job class, often due to an anomaly or an exception in the salary structure.

Rank-and-file Adjustment

Changes or modifications made to the conditions or ranks of the general workforce, not the leadership or management.

Uniformed Services Employment and Reemployment Rights Act

A federal law that provides job protection and rights for military service members upon their return to civilian employment.

Fair Labor Standards Act

A United States law that creates the right to a minimum wage, and "time-and-a-half" overtime pay when people work over forty hours a week, among other protections for workers.