Import Bans,import Quotas,voluntary Export Restraints,and Tariffs on Goods All

question 203

Multiple Choice

Import bans,import quotas,voluntary export restraints,and tariffs on goods all

• A) increase imports and raise prices for consumers.
• B) reduce imports and reduce prices for consumers.
• C) reduce imports and raise prices for consumers.
• D) increase imports and reduce prices for consumers.

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Definitions:

Social Responsibility Contributions

Efforts and actions taken by businesses to benefit society, including philanthropy, sustainability initiatives, and ethical labor practices.

Economic Contributions

The impact or input of an individual, group, or sector towards the economic development or sustainability of a community, region, or nation.

Short-Term Profits

Short-term profits are earnings realized from business operations or investments over a brief period, typically within a fiscal quarter or year, focusing on immediate financial gain.

Corporate Social Responsibility Pyramid

outlines the hierarchical levels of responsibility a corporation holds towards society, including economic, legal, ethical, and philanthropic.