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With Regard to Developing Alternative Responses,which of the Following Kinds

question 27

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With regard to developing alternative responses,which of the following kinds of responses is more appropriate when the overall cost of doing something exceeds the benefits of doing it?


Definitions:

Trade Sector

Refers to the part of a country's economic activity that is involved in the exchange of goods and services, domestically and internationally.

Economy

The system of production, distribution, and consumption of goods and services in a particular geographical region.

Exports

Goods or services that are produced in one country and sold to customers in other countries.

Tariff

A tax on imported goods, usually designed to protect domestic industries and to generate revenue.

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