The contraction stress test exposes the fetus to uterine contractions induced by oxytocin to evaluate the fetus's ability to tolerate labor-like stresses. The test assesses fetal heart rate patterns in response to contractions. A negative test result indicates the fetus can withstand continued high-risk pregnancy without intervention, while a positive result suggests the need for delivery due to non-reassuring heart rate patterns like late decelerations during contractions. The test involves external fetal monitoring during intravenous oxytocin infusion to stimulate contractions.