Competitive issues are short-term in nature while trade balance issues are much more long-term.

Name: Competitive issues are short-term in nature while trade balance issues are much more long-term.
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Question

Quizplus · Accepted Answer

Competitive issues refer to the competition between companies or countries in the market, which can fluctuate in the short term. Trade balance issues, on the other hand, involve the long-term balance of trade between countries and can have significant impacts on the overall economy.

Competitive Issues Are Short-Term in Nature While Trade Balance Issues