Import Quotas Have a Negative Impact on Poor Nations Because

question 28

Multiple Choice

Import quotas have a negative impact on poor nations because they make it difficult for poor nations to

• A)Sell agricultural goods to each other.
• B)Sell agricultural goods to rich nations.
• C)Receive foreign aid from rich nations.
• D)Develop a pro-business environment.

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Definitions:

BPR

Business Process Re-engineering, a strategy for making an organization's business processes more efficient and effective.

Manufacturing

The process of using tools, machinery, and labor to produce goods for sale, typically on a large scale.

Logistics

The detailed coordination of a complex operation involving many people, facilities, or supplies, in the context of moving and housing goods from point of origin to point of consumption.

Process Activities

The series of actions or steps taken in order to achieve a particular end in a process.