Suppose That International Trade Is the Only Kind of International

question 99

Multiple Choice

Suppose that international trade is the only kind of international transaction between the United States and Canada. The United States currently is experiencing a balance of trade deficit with Canada. What would happen to the United States and Canadian money supplies if the United States and Canada both used the gold standard?

• A) The U.S. money supply would rise and the Canadian money supply would fall.
• B) Both the U.S. and Canadian money supplies would rise.
• C) The U.S. money supply would fall and the Canadian money supply would rise.
• D) Both the U.S. and the Canadian money supplies would fall.

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Definitions:

Performance Management

A strategic approach to ensuring the efficiency and effectiveness of an organization's workforce through setting goals, evaluating progress, and improving productivity.

Disparate Impact

Employment practices that adversely affect one group of people of a protected characteristic more than another, even though the intentions of the employer may not be discriminatory.

Selection Technique

Methods or processes utilized by organizations to evaluate and choose the most suitable candidates for a job.

Internal Discourse

Involves the communication and dialogue that occurs within an individual's mind.