Answer: asymmetric information
Explanation: This phenomenon happens when there is a knowledge gap between two parties, meaning when one party has more knowledge about a subject matter than the other. For example a property owner who wants to sell a particular property has more information about the property than the buyer. This problem is common in the financial industry, for example a loan officer has all the information and conditions that surrounds giving out a loan than the customer taking the loan. This situation could lead to making decisions with negative repercussions.
Advances were made in medicine and technology
A major purpose of foreign policy is diplomacy which would also be securing friendly relations with other countries. Hope this helps!
Answer:Phil is practicing: UNDERSTANDING
Explanation:
Understanding refers to actual getting it for example instead of making a judgement about a situation you try to open up your heart and emphathize with someone else and try to see their point of view, it's like an agreement about a situation when you also get it as the other person does.
Phil instead of being judgemental he sympathize with the visitor by looking at his background as the drive of this behaviour.
Understanding may help prevent us misjudging people without an cause to do so or without having learnt about who they are.
