Which of the Following Is Not Part of the Demand

question 14

Multiple Choice

Which of the following is not part of the demand for a NIEO?

• A)the establishment of international commodity agreements
• B)preferential access for the manufactured exports of developed nations
• C)removal of the agricultural trade barriers in developed nations
• D)increasing the yearly flow of foreign aid to developing nations

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Definitions:

Auto Repairers

Businesses or individuals specializing in fixing and maintaining vehicles.

Intangible Outputs

Non-physical results produced by an organization or system, such as customer satisfaction, brand reputation, or intellectual property.

Zero Inventories

A business strategy aimed at minimizing holding inventory to reduce storage costs and waste, often relying on just-in-time production methods.

Labour Costs

Expenses incurred by a company for the salaries, wages, and other benefits provided to its employees.