Explain the Determinants of Exports and Imports

question 37

Essay

Explain the determinants of exports and imports.

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Definitions:

Competence

The ability and capacity to perform a specific task or role successfully, demonstrating knowledge, skill, and experience.

Managerial Skill

The abilities and competencies that enable a manager to plan, direct, organize, and control work activities.

Katz

A reference to Daniel Katz, a psychologist known for his work in organizational behavior, particularly regarding motivations and attitudes of employees.

Management Function

The roles and activities undertaken by managers to ensure the organization's objectives are met, typically including planning, organizing, leading, and controlling.