In Developing Countries,there Is More Reliance on ________ as Opposed

question 44

Multiple Choice

In developing countries,there is more reliance on ________ as opposed to ________ for government revenue.

• A)tariffs;tax collection
• B)import quotas;tariffs
• C)tax collection;tariffs
• D)tariffs;import quotas
• E)import quotas;tax collection

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Definitions:

Uncollected Balances

The total sum of outstanding payments or loans that have not yet been received by a bank or financial institution.

Sales Decrease

A decline in the volume or value of products or services sold by a company over a specific period.

Inventory Management

The practice of overseeing and controlling the ordering, storage, and use of components that a company will use in the production of the items it will sell, as well as managing the quantities of finished products that are available for sale.

EOQ

Economic Order Quantity, a formula used to determine the optimal order size that minimizes total inventory costs.