Which of the following are parts of an open system?

If the cost estimate will be the basis for contract awards and performance reporting, it should be a ____ and as accurate as possible.

a. budgetary estimate b. definitive estimate c. rough order of magnitude estimate d. final estimate

What is the purpose of the General Agreement on Tariffs and Trade (GATT)?

A. To devalue currencies and limit cross-border movement of funds. B. To overcome shortages of private capital to make loans for rebuilding war-torn nations. C. To raise the cost of imports, making them less competitive with similar domestic goods. D. To expand trade by eliminating discriminatory barriers.