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What is the first step in the BPR effort?
Tariffs
Tariffs are taxes imposed by a government on imported goods and services, often used to protect domestic industries from foreign competition.
Efficient Industries
Industries that achieve maximum output with minimum input, utilizing resources in the most cost-effective manner.
Allocation of Resources
The distribution of available resources, including land, labor, and capital, among various uses to maximize efficiency and effectiveness.
Foreign Demand
The desire and willingness of buyers in other countries to purchase goods and services from a particular nation.
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