______________ is defined as the degree to which a nation can,under free and fair market conditions,produce goods and services that meet the test of international markets while simultaneously maintaining or expanding the real incomes of its citizens.
A) Productivity
B) Competitiveness
C) Expansion
D) Trade balance

Question

Quizplus · Accepted Answer

Competitiveness refers to a nation's ability to produce goods and services that meet the demands of international markets while also ensuring that the citizens maintain or increase their real incomes. This is typically assessed by looking at factors such as productivity, innovation, and the availability of resources.

______________ Is Defined as the Degree to Which a Nation