Which of the Following Actions (All of Which Affect International

question 120

Multiple Choice

Which of the following actions (all of which affect international trade) would be undertaken by a private firm as opposed to a national government?

• A)dumping
• B)tariff
• C)countervailing duty
• D)quota
• E)import duty

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Definitions:

Statistical Inference

The process of drawing conclusions about a population based on sample data, using probability theory to estimate population parameters.

Probability Sampling

A sampling technique in which every member of the population has a known, non-zero chance of being selected.

Representative Sample

A subset of a population that accurately reflects the characteristics of the entire group, crucial for reliable research or data analysis.

Data Collection

The process of gathering and measuring information on variables of interest in a systematic fashion.