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Those negotiations run in a distinctive rhythm, one agreement at a time with breaks between. Each cycle is called a:
ARound
BRecess
CTerm
DRally
Answer & Solution
Correct answer: A. Round
1. Countries negotiate one agreement together.
2. Then they pause before the next.
3. Each is a round.
_Source: OpenStax Principles of Economics 3e, Chapter 33, International Trade._
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