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Scenario: Wang's Techno Toys
Ann Wang has been successful in the domestic market selling high-tech toy products.But facing stiff competition at home,Ann has entered international markets by direct exporting.
-Which of the following is NOT an export/import financing method that Techno Toys might utilize?
Unemployment
The situation in which individuals who are capable of working are actively seeking work but are unable to find employment.
Cyclical
Pertaining to fluctuations in economic activity occurring due to the natural business cycle, including expansions, peaks, recessions, and troughs.
Structural
Relating to the underlying or fundamental aspects of something, especially with regard to economic sectors or market changes.
Aggregate Supply Curve
A graphical representation showing the total quantity of goods and services that producers are willing and able to supply at different price levels in an economy.
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